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Peter Schiff Warns Bitcoin Can Easily Collapse To $3K 

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By on July 24, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Peter Schiff Warns Bitcoin Can Easily Collapse To $3K  appeared first on Coinpedia Fintech News

In a recent social media post, Peter Schiff predicted that the price of the leading cryptocurrency could plunge back to the $3,500 level if it were to fall back below $15,000. This came after he posted a poll to determine whether investors would keep holding the leading cryptocurrency if it were to drop to $15,000. He has also warned that MicroStrategy, the biggest corporate buyer of Bitcoin, will be sitting at a $4.3 billion loss if the price of the leading cryptocurrency were to drop to the $15,000 level. 

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