The popular bitcoin perma-bear Peter Schiff has carried out another verbal attack on X during the most recent price correction that drove the asset to a multi-day low of around $63,000.
Schiff, known for his support and admiration for gold, believes BTC’s price could plummet even more if it breaks below $60,000.
Not Looking Good?
Although the fourth halving took place less than a week ago, an event typically related to the start of another bull run, many crypto experts, including Arthur Hayes, warned that the largest crypto asset could retrace ahead, during, and shortly after the block reward reduction.
This has indeed been the case so far, as bitcoin dumped hard last week amid the geopolitical issues between Iran and Israel, recovered some ground after the halving but started losing value in the past 24 hours again.
The latest decline drove BTC south by approximately four grand, from almost $67,000 to around $63,000 as of now. Such corrections are usually used by bitcoin critics, su
We współpracy z: https://cryptopotato.com/its-not-looking-good-for-bitcoin-hodlers-warns-peter-schiff-as-btc-correction-continues/
