Just checked the charts: $BTC 68,655, $ETH 1,921. Gold permabull Schiff is back on the mic: “Get the hell out, get out now.”
He says all the good news has been priced in and it still can’t rise; from here, it can only fall faster. All the coins are in the hands of ETFs and companies hoarding crypto, and when hot money runs, there’ll be a major shakeout.
But this old guy called for selling at 62,000 in July, said the party was over in August, and on November 9 said the window was closing fast at 75,000—he’s been bearish for ten years, and this time it fell from 75,000 to 68,000, so he got one call right.
PPI at 21:30 tonight hasn’t come out yet. Has 68,500 shaken everyone out, or is it the start of a major shakeout?
A Schiff got it right this time—get out first
B He’s been bearish for ten years; buy the 68,000 dip with your eyes closed
$BTC $ETH #比特币 #PeterSchiff #Gold
He says all the good news has been priced in and it still can’t rise; from here, it can only fall faster. All the coins are in the hands of ETFs and companies hoarding crypto, and when hot money runs, there’ll be a major shakeout.
But this old guy called for selling at 62,000 in July, said the party was over in August, and on November 9 said the window was closing fast at 75,000—he’s been bearish for ten years, and this time it fell from 75,000 to 68,000, so he got one call right.
PPI at 21:30 tonight hasn’t come out yet. Has 68,500 shaken everyone out, or is it the start of a major shakeout?
A Schiff got it right this time—get out first
B He’s been bearish for ten years; buy the 68,000 dip with your eyes closed
$BTC $ETH #比特币 #PeterSchiff #Gold
