Peter Schiff believes that the price of Bitcoin is going to slide to $54,000 in the short term
According to the gold bug, Bitcoin has formed a bearish head and shoulders pattern, with the"neckline" of the pattern being just below $57,000. shows that the flagship cryptocurrency is currently trading at $57,770 after previously sinking to an intraday low of $56,637. The cryptocurrency has been under strong bearish pressure over the past week due to disastrous exchange-traded fund outflows.
Bitcoin recently recorded its worst month since mid-2023, and it seems like the flagship cryptocurrency is on track to record another month in the red unless it manages to reverse course. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Peter Schiff Predicts Bitcoin (BTC) Price Will Crash to $20KPeter Schiff sees the price of Bitcoin, the leading cryptocurrency, potentially collapsing to the $20,000 level
Baca lebih lajut »
Peter Schiff Shares Crucial Bitcoin Support Level, Warns About BTC Price DropBitcoin critic and financial analyst has revealed critical BTC support level
Baca lebih lajut »
Peter Schiff questions Bitcoin ETF demand and $100K BTC price targetSchiff’s unwarranted dig didn’t go unnoticed, as several Bitcoin proponents responded to his post debunking his selective data.
Baca lebih lajut »
Peter Schiff Questions $100,000 Bitcoin Price PredictionsPeter Schiff doesn’t see Bitcoin hitting $100,000
Baca lebih lajut »
Peter Schiff Takes a Dig at Bitcoin as BTC Price Tumbles Amid Rising Iran-Israel TensionCrypto Blog
Baca lebih lajut »
Peter Schiff Sends Warning to Bitcoin Investors: DetailsGold bug and economist Peter Schiff pours cold water on Bitcoin's price jump
Baca lebih lajut »