Peter Schiff Poll Shows Bitcoin Holders Remain Unwavering Even in Hypothetical $0 Crash Scenario
By
Kevin Helms
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Summary
Economist and gold advocate Peter Schiff conducted a poll questioning bitcoin holders about what price crash would prove his bearish case correct. Most respondents indicated that even a collapse to $0 would not validate his stance, while others cited thresholds between $20,000 and $1,000. Schiff also warned that technical weakness could push BTC toward $25,000-$27,000, raising concerns about Strategy Inc.'s exposure to bitcoin.
Key quotes
· 3 pulledMost respondents indicated that even a collapse to $0 would not prove his bearish case correct
Schiff also warned that technical weakness could drive BTC toward $25,000 to $27,000
Bitcoiners Reject Peter Schiff's Bearish Case Even in Collapse Scenario
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