Hard Warning for Bitcoin from the famous economist: A decrease in 5 -digit levels is waiting

Call for “Sales” to Bitcoin investors

Schiff, X In his statement from his account BitcoinHe said he lost acceleration and became open to more volatility. BTC, the last two weeks after the rise of 13 percent of the value of the $ 109,000 fell to the band. While this decline creating uneasiness among investors, Schiff warned that worse may be on the road.

According to the economy, this weakness in Bitcoin shows that even institutional purchases cannot be effective on the price. For example StrategyThis week, 3,081 more BTC by adding the portfolio to 632,450 BTCs. However, Schiff emphasized that such purchases do not provide sufficient support to the market and said, “The possibility of landing to $ 75,000 is on the table. Strategy said he could write damage below this price. By making a clear call to investors, “Buy now, get it again.” He said.

“Get institutions when they sell”

Schiff made a similar warning in his previous statements. According to him, the best time to buy Bitcoin will be the period in which large corporate investors such as Strategy are on sale. This approach highlighted as the most useful for long -term investors. Schiff’s rhetoric re -discussed among investors, while the price of Bitcoin is $ 110,313 at the time of the news. The largest falling 1.04 percent in the last 24 hours crypto currencyThe transaction volume increased by 11.65 percent with 86.46 billion dollars.

Bitcoin marketThe increase in volatility has made Schiff’s decline’s interpretations even more visible. Investors focus on potential risks on the one hand, while questioning the direction of such analyzes.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.