???????Peter Schiff: I Was Wrong on Bitcoin—But It's Still Bear Market

in DLIKE4 years ago

STEEM POSTS

In a rare admittance, the avid gold investor Peter Schiff claimed he was wrong about Bitcoin. He said BTC managed to get through the $12,000 resistance level, which showed strong momentum.

But, Schiff said he thinks Bitcoin has re-entered a bear market phase after it dipped below $10,000. Analysts within the cryptocurrency sector disagree, stating that a 50% drop from here is as likely as $100,000.


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