Famous investor Peter Schiff thinks that the Bitcoin price may continue to fall after the markets in the USA open.
Bitcoin briefly rose above $48,000 after spot exchange-traded funds (ETFs) opened for trading, and fell to $42,000 in the following days.
If Bitcoin ETFs decline this week “wondering how investors will react” Schiff, “I doubt they will HODL.” said.
US markets, Martin Luther King Jr. today It is closed for the day. Transactions will open from tomorrow.
Schiff, after ETFs began trading, “Up to the present in Bitcoin, in Bitcoin ETFs and selloffs in other Bitcoin-related stocks have been surprisingly regular. I wonder when sales will become more aggressive.” He commented.