The post Peter Schiff Warns Bitcoin Can Easily Collapse To $3K appeared first on Coinpedia Fintech News
In a recent social media post, Peter Schiff predicted that the price of the leading cryptocurrency could plunge back to the $3,500 level if it were to fall back below $15,000. This came after he posted a poll to determine whether investors would keep holding the leading cryptocurrency if it were to drop to $15,000. He has also warned that MicroStrategy, the biggest corporate buyer of Bitcoin, will be sitting at a $4.3 billion loss if the price of the leading cryptocurrency were to drop to the $15,000 level.