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WebsCrypto—News—Bitcoin News—Gold Bull Peter Schiff: Bitcoin Will Fall Below the $10,000 Mark
Bitcoin News

Gold Bull Peter Schiff: Bitcoin Will Fall Below the $10,000 Mark

By WebsCryptoAugust 13, 2022
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In a recent interview with Kitco, gold bull Peter Schiff predicted that the price of Bitcoin could still fall below $10,000 due to the forced sell-off. He is convinced that Bitcoin’s $69,000 peak in November was the peak. “I don’t think it’s going to hit a new high,” Schiff predicted.

Talking about Bitcoin’s recent rally, the investor claimed that it was just a fool’s rally. The largest cryptocurrency is trading just under $24,000 on major spot exchanges.

According to Schiff, the cryptocurrency supply will continue to grow. He believes that there is no difference between Bitcoin and 20,000 other coins.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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