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Peter Schiff Says Bitcoin Bounce Offers Holders a Selling Opportunity, with $65,000 as Resistance

2026-08-18 00:19

Odaily News: Economist and Bitcoin critic Peter Schiff posted on X, stating that he is unsure why Bitcoin did not decline today, but the bounce provides HODLers with another selling opportunity. He questioned what factors are supporting Bitcoin, noting that $65,000 is a resistance level with limited upside and significant downside.