U.S. Economist Warns a Bitcoin Crash to $75k ‘Is in Play’

U.S. economist warns a Bitcoin crash to $75k ‘is in play’

Economist and well-known cryptocurrency skeptic Peter Schiff has once again expressed a negative outlook on Bitcoin ( BTC ). In a social media post on Tuesday, August 26, Schiff warned that the “digital gold” could fall as low as $75,000. The financial commentator further urged investors to exit pos...

Peter Schiff promised Bitcoin a collapse below $ 75,000 - World Stock Market

The American economist Peter Schiff, who received the nickname “Golden Beetle” for supporting the gold investment in gold, suggested that Bitcoin’s course could collapse to at least $ 75,000. Schiff made his forecast after the correction of bitcoin to the level of $ 109,000 from the maximum mark of $ 124,400, reached in August during the bull trend. Cryptoskptik economist fears that, despite the aggressive purchases of cryptocurrencies with la…

Peter Schiff Predicts Bitcoin Drop to $75K Amid Market Volatility - Blockchain & Cryptocurrencies Tabloid

Economist Peter Schiff foresees Bitcoin potentially falling to $75K, citing recent market volatility and selloffs.