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Peter Schiff Warns Bitcoin Could Fall to $16.5K, Says MSTR Would Be ‘Finished’

Economist Peter Schiff said on X on Nov. 15 that bitcoin’s crash is gaining momentum and would accelerate below $50,000, potentially falling under its 2022 low of $16,500 and possibly retesting that level by year-end. Bitcoin traded near $67,200 at the time of the report. Strategy (MSTR) held 850,364 BTC as of Nov. 8 at an average cost of $75,456. 9 filing.

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