Economist and persistent cryptocurrency critic Peter Schiff has issued a fresh warning, suggesting Bitcoin could swiftly descend to test $75,000 after briefly breaching key support levels. Following tech-stock weakness and a dip below $80,000 over the weekend,

Schiff argued that failing to defend $75,000 would signal broader structural breakdown. While spot markets recorded temporary liquidations driving prices down to $79,146, buying interest defended the psychological barrier, helping Bitcoin rebound above $80,600. Schiff emphasized that ongoing weakness across tech and precious metals makes the digital asset’s relative holding strength increasingly fragile.

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