Peter Schiff Urges Bitcoin Sell-Off, Sees 84% Price Plunge

TLDR Peter Schiff warned that Bitcoin could fall to $20,000 if it breaks below the $50,000 level. He said such a move would mark an 84% decline from Bitcoin’s all-time high. Schiff urged holders to sell Bitcoin now as he questioned the current market structure. He argued that high leverage and institutional ownership could worsen [...]

The post Peter Schiff Urges Bitcoin Sell-Off, Sees 84% Price Plunge appeared first on Blockonomi.