Peter Schiff Warns of $75K Bitcoin Price After Drop Below $80K
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Peter Schiff warned that bitcoin could fall to $75,000 after its price slipped below $80,000, according to Bitcoin.com News.
Bitcoin fell below $80,000, prompting Peter Schiff to warn of a possible further decline, Bitcoin.com News reported.
Schiff suggested the cryptocurrency could reach $75,000. That level would be $5,000 below the $80,000 threshold it had crossed.
The $75,000 figure represents Schiff’s forecast, not a reported market price. The available report did not specify a timeframe for the potential move.
Source: Bitcoin.com News