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Peter Schiff questions BTC's resilience logic, should not underestimate the downside risk, $20k could reappear.

MarsBitNews
Mars Finance reported that economist and gold advocate Peter Schiff posted on X platform, stating that the market generally believes it is "almost impossible" for Bitcoin to fall to $20k, but this judgment lacks basis. Bitcoin fell below the $20k level about 3.5 years ago, which is not a distant time frame, so the possibility of returning to that price range cannot be ruled out. Significant pullbacks in assets within relatively short cycles are not uncommon in financial markets.
BTC-2.87%
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