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Peter Schiff Claims Bitcoin Is Back in a Bear Market

2 mins
Updated by Gerelyn Terzo
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In Brief

  • Gold bug Peter Schiff claims bitcoin is firmly back in bear territory.
  • In July, Schiff predicted that Bitcoin would "collapse" below the $9,000 support level.
  • Schiff admitted he was wrong about his previous call.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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