"Peter Schiff's Dire Warnings and Predictions for Bitcoin's Future"
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.