John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip
- Attorney John E. Deaton outlines a potential Bitcoin (BTC) price swing scenario: a surge to $125K then a drop to $112K.
- Deaton highlights that record central bank gold buying contrasts with the Bitcoin narrative, a point often made by Peter Schiff.
- Michael Saylor reaffirms his strong Bitcoin buying strategy as BTC price recovers to around the $109,700 mark.
Bitcoin’s recent price swings have kicked off a fresh round of debate over its long-term value, particularly after a widely discussed social media post from attorney John E. Deaton.
In a tweet shared just ahead of the upcoming Bitcoin Conference, Deaton laid out a possible, and rather volatile, price scenario: Bitcoin surging up to $125,000, only to then see a sharp drop back down to around $112,000.
He predicted such a move would almost certainly prompt renewed, sharp criticism from noted Bitcoin skeptics like Peter Schiff. Schiff has long hammered t…
The post John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip appeared first on Coin Edition.
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John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip
- Attorney John E. Deaton outlines a potential Bitcoin (BTC) price swing scenario: a surge to $125K then a drop to $112K.
- Deaton highlights that record central bank gold buying contrasts with the Bitcoin narrative, a point often made by Peter Schiff.
- Michael Saylor reaffirms his strong Bitcoin buying strategy as BTC price recovers to around the $109,700 mark.
Bitcoin’s recent price swings have kicked off a fresh round of debate over its long-term value, particularly after a widely discussed social media post from attorney John E. Deaton.
In a tweet shared just ahead of the upcoming Bitcoin Conference, Deaton laid out a possible, and rather volatile, price scenario: Bitcoin surging up to $125,000, only to then see a sharp drop back down to around $112,000.
He predicted such a move would almost certainly prompt renewed, sharp criticism from noted Bitcoin skeptics like Peter Schiff. Schiff has long hammered t…
The post John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip appeared first on Coin Edition.
Read More
BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?