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$BTC Peter Schiff Predicts Bitcoin Crash Again (Twitter)
In his opinion, if BTC drops below $50,000, the decline could quickly accelerate to $20,000.
The critic believes this will be a serious test for long-term holders and may cause many of them to capitulate.
Additionally, he questions whether a potential Bitcoin crash will be a harbinger of problems for all risky assets or if it will only affect the crypto market.