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Renowned economist Peter Schiff, also known as “Altın Böcek”, has revised his bearish Bitcoin (BTC) prediction.
Schiff had earlier stated that a Head and Shoulders (H&S) pattern was forming on the Bitcoin chart, which could potentially bring the price down to $54,000.
However, contrary to his prediction, Bitcoin experienced a surge on May 3rd, prompting Schiff to update his analysis.
Peter Schiff, a well-known economist, revises his bearish Bitcoin prediction after the cryptocurrency defies his forecast and surges in value. Schiff maintains that the $60,000 resistance level still poses a risk.
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Schiff’s Revised Bitcoin Prediction
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