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Schiff, known for his outspoken criticism of Bitcoin and preference for traditional assets like gold, has long been a vocal critic of the leading cryptocurrency and, hence, his recent statement on the BTC price jump comes as no surprise.Peter Schiff Reacts to Bitcoin Price as Hourly Liquidation Tops $100 Million in Crypto Bloodbath
Taking aim at Bitcoin buyers, Schiff wrote,"Get ready for the dump," warning of a price decline following the BTC surge.predicts the total value of the cryptocurrency market to double this year, citing the launch of the first U.S. spot Bitcoin exchange-traded fund and the imminent bitcoin"halving." Garlinghouse believes that positive regulatory momentum in the United States might also drive the crypto market to new highs. Bitcoin has increased by more than 140% in the last 12 months. On March 14, it reached a record high of $73,835 on Coinbase.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.
Source: Digital Coin News (digitalcoinnews.net)
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