Bitcoin Price Rebounds Again, Peter Schiff Repeats His Crash Warnings
BTC when published $80,240Now $80,760 ▲ +0.65% since it was published
Bitcoin price has once again challenged Peter Schiff’s latest crash warning, after the longtime crypto critic predicted BTC would fall to $75,000 following a weekend selloff. Bitcoin briefly recovered above $80,000 after dropping to around $79,100 2 days ago, leaving Schiff’s immediate downside target untested. The rebound offered another awkward moment for Schiff, who has repeatedly questioned Bitcoin’s staying power despite its continued presence in financial markets. However, Bitcoin slipped below $80,000 again on October 26, showing that the market remains under pressure and that the latest recovery has not settled the debate. Schiff issued his latest warning on X on October 24, after Bitcoin fell below the closely watched $80,000 level.
First reported by Cryptonews. This page is a short excerpt; the full text is theirs.
