Peter Schiff Reveals Key Support Level for Bitcoin (BTC)

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Peter Schiff Reveals Key Support Level for Bitcoin (BTC)
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Peter Schiff believes Bitcoin can face enormous surge of selling pressure, which will send it to $20,000

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

If Bitcoin sustains above these EMAs, it could invalidate Schiff's triple top doom scenario. A recovery above $60,000 can easily revive bullish sentiments, while a breakthrough past recent highs near $67,500 will be a clear signal about the market recovery and the potential return of bullish sentiment to the cryptocurrency market.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

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