Peter Schiff: If Bitcoin breaks the $50,000 mark, which seems likely, it is most likely that the asset will then test $20,000. This would mean an 84% decline from the all-time high.
Yes, this has happened before with BTC, but never before has so much been at stake: such hype, the volume of borrowed money, leverage, the number of institutional investors, and such market capitalization.
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Peter Schiff: If Bitcoin breaks the $50,000 mark, which seems likely, it is most likely that the asset will then test $20,000. This would mean an 84% decline from the all-time high.
Yes, this has happened before with BTC, but never before has so much been at stake: such hype, the volume of borrowed money, leverage, the number of institutional investors, and such market capitalization.