Bitcoin critic Peter Schiff warned that Bitcoin's crash is accelerating, predicting the price will slide below $16,500 — its 2022 low — before year-end if it breaks through $50,000.
Schiff stated that once Bitcoin drops below the $50,000 threshold, downward momentum will intensify and likely push the price rapidly toward the 2022 lows. He added that MicroStrategy (MSTR) would be "completely finished" if Bitcoin revisits those levels.
Peter Schiff Predicts Bitcoin Crash to Sub-$16,500 by Year-End, Warns MSTR 'Completely Finished'
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