Fierce Bitcoin Critic Peter Schiff Warns ‘An Even Bigger Crash Likely Lies Ahead’ For King Crypto
Renowned economist Peter Schiff has issued a warning to Bitcoin (CRYPTO: BTC) holders, predicting a larger crash in the cryptocurrency’s value. What Happened: In a tweet on Monday, Schiff reminded Bitcoin holders of the currency’s significant drop in value from November 2021 to a year later. He tweeted, “do you remember how bullish you all were in Nov. 2021 when #Bitcoin traded $69K? I do. How many still have your laser eyes? A year later Bitcoin traded below $16K, almost 80% lower.” He further warned that an even bigger crash could be imminent, given the current bullish sentiment among Bitcoi…