Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'

Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'

Renowned economist Peter Schiff warned Thursday that Bitcoin (CRYPTO: BTC) could crash to $20,000 or lower, urging market participants to exit before it’s too late. Schiff’s Super Bearish Prediction In an X post, Schiff suggested that Bitcoin, which, according to him, is on the verge of sliding below $50,000, could drop even further to $20,000, marking an 84% drawdown from its all-time high. “I know Bitcoin has done that before, but never with s…

Peter Schiff Urges Investors to ‘Sell Bitcoin Now,’ Warns of Potential $20,000 Breakdown

Economist and longtime Bitcoin critic Peter Schiff has issued a renewed warning to cryptocurrency investors, arguing that Bitcoin (CRYPTO: BTC) could face a sharp decline if a critical support level fails. In a Thursday post on social media platform X, Schiff stated that a break below the $50,000 level would likely trigger a much deeper selloff. “If Bitcoin breaks $50K, which looks likely, it seems highly likely it will at least test $20K,” he w…

‘Sell Bitcoin Now,’ Peter Schiff Warns, Predicts $20,000 Target On Breakdown

Economist and longtime Bitcoin (BTC) critic Peter Schiff has issued a fresh warning to cryptocurrency investors.