Economist Peter Schiff criticized a new housing finance program that allows Bitcoin to be used as collateral for loans, warning that if cryptocurrency prices fall, it would pose significant downside risk to government-backed enterprises and taxpayers, while if values rise, holders would benefit.

I already told everyone in advance on the evening of March 25th that there are few opportunities to short now, and the market is about to experience a big waterfall. I posted a reminder in the early hours of the 26th, and again in the morning. Currently, the spot orders and the stone slabs are all synchronized and laid out, but some people still don't believe it and insist on bottom-fishing and chasing longs. Some entered at 70,000, others at 69,000, and some chased all the way down from 68,000 and 67,000. Now they keep asking the teacher what to do every day. I repeatedly warned everyone that now is not the time to chase longs, so why didn't you listen? Is it because my posts lack influence and you don't read them? Now you're caught and anxious—does that feel good? #BTC #ETH #特朗普缓和局势 #bnb #成长值抽奖赢金条

🤣Is Bitcoin about to G? Will it fall further? And what about gold, how will it move? Let’s take a quick look. 1. As shown in the chart, the BTC situation is a bit urgent. This is the second time testing the trendline support in the short term. If it breaks below, the consequences could be dire! Will it break this time? 2. First, the conclusion: this trendline will definitely break, it’s just a matter of time. The MACD is showing a death cross, so the probability of decline is very high. Back then, Bitcoin was still at 70,000; now, it’s already at 60,000. Hope you saw that. 3. I think $BTC ‌ this trendline support, even if there’s a rebound, will only be temporary. If there’s a significant rebound, we can short it, for example, short at resistance around 69,000 and 70,000. I still have some short positions from when I shorted at 74,000 and 72,000, and I haven’t taken profit yet. As shown in the chart, let’s see if we can catch a bigger drop. 4. The overall trend in the crypto market remains very clear: still in a bear market. Don’t just think about 60,000; it could fall to 50,000, or even test 40,000. Currently, it’s in a consolidation pattern during a downtrend. It dropped too much suddenly before, and after consolidating around 60-70K, it will eventually go down again. It’s just a matter of timing. The outcome is certain; the process may have some twists and turns. 5. As for gold, we are near 4600 for a short position. Shuqin advised everyone to take profit at 4400, and I said not to rush to bottom-fish; wait until it drops to around 4300 for a rebound. Last night, it really went down, and now it’s rebounding close to 4500. Currently, we’re watching ‌ to see if it can test the bottom again, and we might try another position. 6. And yesterday afternoon, we discussed Google $XAU ‌. Just after mentioning a drop to 270, it unexpectedly plunged 4% last night. Those shorting are in luck, heading toward victory! But as the stock price approaches the 270 support level, everyone can consider taking profits on dips. When it gets close to 270, try to catch a rebound. We’re watching every key level closely, and once it hits critical points, we’ll strike hard!