Economist and gold proponent Peter Schiff wrote on X that if the Nasdaq index turns from a correction to a bear market, bitcoin prices could face a serious decline. Schiff said that the current Nasdaq decline of 12%, if this correlation continues, when the Nasdaq falls by 20%, the bitcoin price will fall to about $65,000, and if the Nasdaq experiences a 40% decline, bitcoin could fall to about $20,000 or even lower. Peter Schiff pointed out that in history, bear markets have usually led to large...
The market shows that BTC has broken through $65,000 and is now quoted at $65,000.77, with a daily decline of 2.28%. The market is volatile, so please do a good job in risk control.