Peter Schiff suggests that as long-term Bitcoin holders sell to ‘weak’ hands, sell-offs will worsen, creating higher volatility. Recently, the price fell below 85,000 USD due to significant sales.
Notable figures like Owen Gunden and Robert Kiyosaki have sold substantial BTC, raising doubts about market stability. Analysts are divided on whether we’re witnessing a temporary downturn or entering another bear market.
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