Peter Schiff: Bitcoin Will Not Reach $100K

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According to Bitfinex, they are predicting that Bitcoin will reach $150,000 within 14 months after the halving.

Historical data from previous halvings, in 2012 and 2016, show a substantial increase in BTC price within 13 months after the event.

However, some experts, like Peter Schiff, are skeptical of this prediction and do not believe BTC will reach $100,000, citing increased interest in treasury bonds and precious metals in the global market.

The recent withdrawal of capital from companies tied to the crypto market also suggests a decrease in interest in digital assets.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.