As Bitcoin (CRYPTO: BTC) trades near the $65,000 level, longtime crypto critic Peter Schiff reignited his attack on the world’s largest cryptocurrency, urging investors to exit while they still can.
Peter Schiff Doubles Down On Bitcoin Criticism
On Friday, Schiff took to X, arguing that the market is giving investors “plenty of time to sell above $65,000.”
While acknowledging Bitcoin’s massive gains over the past decade, he warned that many holders are unrealistic about its future.
“The problem is that most Bitcoiners are delusional about Bitcoin hitting new highs. So they will just ride it down,” Schiff wrote.