Longtime Bitcoin critic Peter Schiff is bearish once again: He warned on X that Bitcoin $BTC could plunge after the U.S. midterm elections in November, advising investors to “sell Bitcoin and switch to gold before it breaks below the bottom.” He believes rising inflation and bond yields are bursting the asset bubble, and predicts that Democrats will win control of Congress. Meanwhile, BTC retested $80K yesterday after CPI data came in higher than expected, and is down nearly 5% for the week. The options market isn't entirely pessimistic, however: Some traders still see $90K as a year-end target. (Source: AMBCrypto)#比特币 #Macro
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.