Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market

[Bitcoin]

Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts -- Declares BTC in Official Bear Market

Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin receiving their crypto payouts next month. Bitcoin Back in ‘Official Bear Market Territory’ Economist and gold bug Peter Schiff, known for his skepticism towards […]

Source: Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts -- Declares BTC in Official Bear Market