Crypto hater Peter Schiff expects bitcoin to fall soon
He believes that BTC’s recent rise to $31k is a harbinger of a future collapse in risk assets.
On March 10 of this year, Peter Schiff also predicted the collapse of BTC and advised buying gold. Since then, the first cryptocurrency has added 51%, and gold (adjusted for correction) as much as 2.77%.
Schiff also discouraged everyone from buying BTC at $3,800 in the fall of 2018 and waited for the fall to continue to $750.