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

2026-08-18 00:19

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