Analysts were cautious that the recent macro relief could fade
Peter Schiff attacked Bitcoin and Michael Saylor on July 15, predicting a slide to $20,000 (nearly 70% below current prices) and questioning MicroStrategy’s decision to sell stock rather than BTC. The economist argues that Saylor is trapped and that holders who refuse to sell today will regret it soon. Schiff Targets Strategy’s $450 Million Stock
Schiff warned that BTC could fall below $50,000 if current support fails and eventually bottom out between $30,000 and $20,000.
