Economist Peter Schiff admitted he regrets not buying bitcoin early but predicted the next wave of regret will belong to holders who fail to sell above $60,000. The warning landed as bitcoin reclaimed $65,000 earlier today.
Key Takeaways
Peter Schiff said holders may soon regret not selling bitcoin above $60,000.Schiff admitted regretting not buying BTC early but insists he would not buy even at $20,000. Bitcoin traded above $65,005 on July 15, leaving Schiff’s warning roughly $5,000 below market.For Schiff, the two arguments converge, i.e. if the market’s biggest corporate buyer has turned seller, he contends, the bid that defined the last cycle is gone.
