‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning
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- Peter Schiff warns Bitcoin holders of massive losses if the price drops below $100K.
- He urges investors to sell crypto and buy gold, calling Bitcoin “fool’s gold.”
- Schiff claims Americans will be the biggest losers due to high exposure to digital assets.
Longtime Bitcoin critic and gold advocate Peter Schiff has issued a new warning, claiming “Americans will be the biggest losers” when the “crypto bubble” bursts. In a tweet, he warned that Bitcoin holders could soon face devastating losses if the price falls below the critical $100,000 mark.
According to Schiff, the “time to get out is running out fast,” adding that once the $100K support “breaks in earnest, the market will likely implode.” He urged holders to convert their Bitcoin into gold, describing the crypto asset as “fool’s gold.”
The Market Call: $100K Is the ‘Implosion’ Point
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Read The Full Article ‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning On Coin Edition.
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‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning
Share:
- Peter Schiff warns Bitcoin holders of massive losses if the price drops below $100K.
- He urges investors to sell crypto and buy gold, calling Bitcoin “fool’s gold.”
- Schiff claims Americans will be the biggest losers due to high exposure to digital assets.
Longtime Bitcoin critic and gold advocate Peter Schiff has issued a new warning, claiming “Americans will be the biggest losers” when the “crypto bubble” bursts. In a tweet, he warned that Bitcoin holders could soon face devastating losses if the price falls below the critical $100,000 mark.
According to Schiff, the “time to get out is running out fast,” adding that once the $100K support “breaks in earnest, the market will likely implode.” He urged holders to convert their Bitcoin into gold, describing the crypto asset as “fool’s gold.”
The Market Call: $100K Is the ‘Implosion’ Point
Sch…
Read The Full Article ‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning On Coin Edition.
In This News
Coins
$ 89.25K
-0.38%Share:
In This News
Coins
$ 89.25K
-0.38%Share:
Read More
Bitcoin “Liveliness” Indicator Rises, Hinting the Bull Cycle May Not Be Over