Peter Schiff Gave a Discouraging Forecast for the Bitcoin Rate

Peter Schiff, a financial expert and one of the cryptocurrency skeptics, believes that the main cryptocurrency exchange rate will collapse before the end of this year.

He drew a parallel with two large coins (Ethereum and Ripple) that have fallen very much lately so he believes that Bitcoin has time to “catch up” with them.

Recall that yesterday the Bitcoin rate fell to a 7-month low, after which it sharply raised by 13%.

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