Peter Schiff Says Bitcoin Surprised Him By Holding Gains As He Still Expects New Lows
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Peter Schiff said Bitcoin’s ability to hold recent gains surprised him, despite his continued expectation that prices will fall to new lows. His comments highlight the tension between Bitcoin’s recent resilience and persistent bearish forecasts. For Bitcoin, the key implication is that holding current levels may challenge skeptics’ outlook, but Schiff sees downside risk as unresolved.
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