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Bitcoin

Bitcoin Slips Under $75K as Peter Schiff Says Sell Before a Short Window Closes

Image: Bitcoin.com News

Economist and gold advocate Peter Schiff is urging bitcoin holders to sell now, warning that BTC’s slide below $75,000 leaves only “a short window before the crash.” Schiff spelled out his case on X on Monday as markets diverged, stating: He doubled down in a reply later that day. “It’s undeniable that Bitcoin is going much lower. Sell it now before it does,” Schiff said . Schiff’s assertion is that bitcoin is failing a test that other assets are passing, and since the midterm elections, U.S. stocks are basically flat, and bitcoin is down more than 4%. At the same time, gold is up more than 5%, silver almost 7%, and gold mining stocks more than 18%.

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