"Peter Schiff's Dire Warnings and Predictions for Bitcoin's Future"
TL;DR Summary
Bitcoin retested $60K amidst Middle East tensions, with Peter Schiff warning of massive losses if it drops below that level. While BTC has rebounded to $65K amid reports of US efforts to de-escalate tensions, market watchers remain cautious. Some believe that Hong Kong's approval of Bitcoin ETFs could lead to a parabolic rise, while others warn that geopolitical risks still pose a threat. The impact of these factors on BTC prices in the short term remains uncertain.
Topics:business#bitcoin#cryptocurrency#hong-kong-etfs#market-volatility#middle-east-tensions#peter-schiff
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