Famous economist Peter Schiff, nicknamed the “Golden Bug”, warned investors to “buy Bitcoin” ahead of US inflation data.
Peter Schiff made a speech on January 12 ahead of US inflation data. in sharingmade remarkable statements about Bitcoin (BTC). of bitcoin 18 thousand dollars end with 3 month high Stating that he is, Schiff told investors “Time to drop bitcoin” he called out.
Bitcoin is trading at over $18,000, its 3-week high, making it an excellent opportunity for holders to sell ahead of December’s CPI. Gold is just up $10 and is trading at an 8-month high. While Bitcoin is already on the decline, gold is on the rise. Time to drop Bitcoin.
The famous economist, although the level of 18 thousand dollars CPI (Consumer price index) Although he said it was the last exit before the bridge, the result of the data was not so scary for Bitcoin. US CPI data came in line with expectations. %6.5 declared as.
At the time of the release of the data, volatile movements were seen in all money markets, including Bitcoin. Bitcoin, however, at the time of writing, from $18,100 continues to be traded. While the price continues to maintain its horizontal course for now, the coming days will show whether the famous economist is right.