Peter Schiff, a well-known critic of Bitcoin, has once again expressed his bearish outlook for the leading cryptocurrency. According to Schiff, Bitcoin (BTC) is on track to break below the $58,000 level, a key support point that has kept the cryptocurrency afloat in recent days. Currently trading at $58,592, according to Coin Gecko, Bitcoinâs ongoing struggle contrasts sharply with the continued rise in precious metals such as gold and silver.·
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