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Peter Schiff calls Bitcoin's climb above $72K a fakeout as bulls dig in

Peter Schiff, a longtime Bitcoin critic, said on Thursday that BTC’s rise to above $72,000 is a false breakout built on a one-off Treasury move. Bullish analysts, on the other hand, regard the same week’s data as the start of a fresh cycle for Bitcoin. Will Bitcoin continue rising? Bitcoin traded around $71,447 on Thursday,...

Peter Schiff calls Bitcoin's climb above $72K a fakeout as bulls dig in