Price Prediction
Peter Schiff Predicts Bitcoin Could Reach $75,000
Prominent Bitcoin critic Peter Schiff predicts that Bitcoin could drop to $75,000 after the cryptocurrency fell below $80,000 amid a market sell-off. Schiff, who has previously criticized Bitcoin, believes that a failure to defend the $80,000 level could lead to even more substantial losses. The latest Bitcoin price plunge caused massive liquidations across the cryptocurrency market, with more than $815 million worth of leveraged positions liquidated within 24 hours.