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Peter Schiff argues Bitcoin may fall below $16,500 by year-end if $50,000 breaks next
Headline from CryptoSlate
Key points
- Prominent cryptocurrency critic Peter Schiff has warned that Bitcoin could drop below $16,500 by the end of the year if its price breaks through the $50,000 support level next.
- This projection on Nov.
- 14 extends his previous predictions of a fall to $20,000, even as both Bitcoin and Ethereum traded above his outlined conditions.
Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.
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Sources
- CryptoSlatePeter Schiff argues Bitcoin may fall below $16,500 by year-end if $50,000 breaks next · 2 hours agoRead on CryptoSlate
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