Bitcoin looks shaky and another drawdown is likely, crypto writes. $BTC
Peter Schiff expects BTC to go down for similar reasons
Earlier this month, prominent Bitcoin critic and fund manager Peter Schiff, tweeted that the Bitcoin chart was showing a combination of a Double Top and Head and Shoulders patterns. Both are bearish, so he referred to it as an"ominous combination," saying that Bitcoin has a long way to fall if these formations play out.that he was surprised Bitcoin has been holding near $30,000 for a long time now, resisting a further drop.
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