The post Major Bitcoin Crash Coming Up? Warns Peter Schiff appeared first on Coinpedia Fintech News
Peter Schiff has recently taken to X, predicting a major BTC crash. From its new ATH of $73,737, it has dropped 12.9% since then. Schiff recalls the drop level to $16,000 in November 2022. He also has doubts about the record-breaking and much-hyped spot BTC ETFs. He is convinced BTC is set for a sharp reversal after locking substantial gains in 2024. However, Schiff has undermined the significance of the most awaited BTC Halving, which will act as a massive bullish catalyst. Currently, BTC is trading at $64,120 as of writing.