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‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning


by Abdulkarim Abdulwahab
for CoinEdition
‘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.

Read the article at CoinEdition

In This News

Coins

$ 96.29K

-3.10%

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In This News

Coins

$ 96.29K

-3.10%

Share:

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‘Time Is Running Out’: Peter Schiff Issues New Bitcoin $100K Warning


by Abdulkarim Abdulwahab
for CoinEdition
‘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.

Read the article at CoinEdition

In This News

Coins

$ 96.29K

-3.10%

Share:

In This News

Coins

$ 96.29K

-3.10%

Share:

Read More

Shocking $502.7M Outflow: Bitcoin Spot ETFs Face Major Withdrawals Led by BlackRock

Shocking $502.7M Outflow: Bitcoin Spot ETFs Face Major Withdrawals Led by BlackRock

BitcoinWorld Shocking $502.7M Outflow: Bitcoin Spot ETFs Face Major Withdrawals Led b...
Bitcoin Price Plunges to $94,000, Hitting Six-Month Low as Macro Fears Mount

Bitcoin Price Plunges to $94,000, Hitting Six-Month Low as Macro Fears Mount

Bitcoin Magazine Bitcoin Price Plunges to $94,000, Hitting Six-Month Low as Macro Fe...