Peter Schiff Once Again Jeered Bitcoin Before Its Third Halving

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Before Bitcoin’s upcoming halving, the price of Bitcoin was tracked as $8,769.83 as compared to yesterday’s drop with a loss of 9.48%.
  • The Gold bug Peter Schiff could not wait to give his delight comments on Bitcoin’s bad luck.
  • With a sudden drop in BTC price today many analysts expressed their flip-flopped views on social media.

Bitcoin’s upcoming halving is just hours away, the price of Bitcoin was tracked as $8,769.83 as compared to yesterday’s drop with a loss of 9.48%. This drop raised many concerns on Twitter from traders. Peter schiff who never miss any chance to take a dig at Bitcoin, again slammed bitcoin in his latest tweet.

Schiff pointed BTC speculators

The Gold bug Peter Schiff could not wait to give his delight comments on Bitcoin’s bad luck. Schiff opined that some of the Bitcoin advocates who believed in the expectation of the halving couldn’t wait for the actual fact to start selling.

The Bitcoin’s harshest critic couldn’t escape a single moment to bash BTC speculators and motivate them to buy gold.

A few days back, a BTC supporter, Dan Burkholder shared a post pinching Schiff. Burkholder said that Schiff tweets more about Bitcoin than gold. Thus, it proves that BTC is an interesting conversation for him that of gold.

Further, replying to this tweet Schiff sarcastically notified, once BTC will collapse he won’t be able to talk about it anymore.

The Flip-flop views of analysts on Bitcoin price

With a sudden drop in BTC price today many analysts expressed their flip-flopped views on social media. A significant crypto personality Josh Rager voiced that it is assumed that Bitcoin will hit the local top and be heading down to $7k if it ends up below $8400.

However, Later Rager posted a video depicting price movement of BTC stating a quick 2 minutes market update of bitcoin.

Moreover, the situations of BTC will fluctuate before its third upcoming halving. During this time period, no one could predict what actually will happen with the king coin.

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