.PeterSchiff says his bearish Bitcoin prediction has proved right again this summer. $BTC $ETH
, recalled his post published on August 14, stating that this bearish prediction on Bitcoin came true, though not in the way he had expected it.
That tweet of his came several days before the current Bitcoin fall as the leading cryptocurrency slumped more than 7 percent below the $22,000 level and Ethereum followed it by dropping under $1,700.Schiff reminded the community about the tweet that he posted last Sunday, where he predicted Bitcoin likely testing support below the $10,000 mark in the near future.
So slipping below the $10,000 level is a minimal decline, according to that tweet of economist and fund manager Schiff.In today’s tweet, he pointed out that within five days after that post, Bitcoin fell by more than 14 percent, trading in the $21,300 zone at the moment, while many accused him of spreading FUD on Twitter.This was my most recent
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