🚀🚀 Bitcoin enthusiasts, buckle up! BTC's latest price correction has brought it to a multi-day low of around $63,000, and Peter Schiff, the notorious bitcoin bear, is back at it again! 🐻 Schiff, a known gold aficionado, warns that if BTC dips below $60,000, we might be in for a bigger drop. 😱

Despite the recent fourth halving, which usually signals the start of a bull run, crypto experts like Arthur Hayes have cautioned that BTC could face a pullback. And indeed, amid geopolitical tensions between Iran and Israel, BTC took a hit last week, recovered somewhat post-halving, but has been on a downward trend in the past 24 hours. 📉

Schiff, ever the critic, has seized this opportunity to spread FUD, warning new investors of the volatile nature of BTC. He's flagged the $60,000 mark as a crucial psychological barrier that BTC needs to hold to prevent further declines. 🚧

But what about gold, Schiff's favorite asset? 🥇 After a correction from an all-time high of $2,425/oz to under $2,300, gold has bounced back and is currently trading above $2,320. Schiff believes the worst is over for gold, seeing $2,300 as a new support level. He even predicts gold to surpass $2,400 soon while forecasting another BTC correction. 📈

So, BTC fans, keep your eyes on the market and hold on tight! This ride isn't over yet! 🎢🎢