Economist Peter Schiff advised his followers on Monday to swap their Bitcoin (CRYPTO: BTC) for gold and silver as the apex cryptocurrency aimed to recapture the critical $75,000 level.
Schiff Repeats Old Advice
In an X post, Schiff noted that Bitcoin was nearing $75,000, which is not far from the average cost at which Strategy Inc. (NASDAQ:MSTR) acquired its BTC holdings.
“The U.S. dollar seems to be rolling over, and gold and silver may be about to start new legs up. If you have any Bitcoin, sell it now and buy gold and silver,” he added.