In what has now become a trend, American stockbroker Peter Schiff has taken a jab at Bitcoin, stating that the leading digital asset by market capitalization won’t hold up at its psychologically important support level of $60,000.
Peter Schiff Pitches Gold Above BTC
The Bitcoin critic started his post by first speculating that gold’s pullback is over. The traditional asset is currently trading at a little above $2,300 but for Schiff, this value is like its new $2,000. He perceives a resistance level for gold at $2,400 which he believes is not likely to stay for long. Schiff noted that Bitcoin is a contrast to the outlook of gold.
While he strongly believes that the pullback of gold is likely over, the stockbroker sees the beginning of BTC’s pullback.
At the time of this writing, the top crypto was trading at $64,683 with a 2.77% price drop in 24 hours. This current price level suggests to Schiff that Bitcoin has support at $60,000 but much more, he doesn’t see the coin sustaini
We współpracy z: https://coingape.com/peter-schiff-predicts-bitcoin-btc-60k-support-wont-hold/
