Bitcoin is up 27% since gold bull Peter Schiff advised it to drop

Bitcoin is up 27% since gold bull Peter Schiff advised it to drop

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Peter Schiffs Selling advice Bitcoin BTC/USD seems to have backfired – the Apex crypto is up 27% since then, according to data Data from Benzinga Pro.

What happened: Noting earlier this month that Bitcoin was trading at a 3-week high at over $18,000, Schiff said it presents “a great opportunity” for holders to take advantage of the price and ahead of the release of the December Sell ​​Consumer Price Index ( Consumer Price Index).

podcaster Peter McCormack on Sunday said bitcoin has since posted gains unlike gold. This comes as the global crypto market cap surpassed the $1 trillion mark again after closing 2022 below $790 billion.

See more: Best Crypto Day Trading Strategies

Ross Gerbera celebrity Tesla Inc Investor, is sure Bitcoin is here to stay after defying the odds again.

Gerber, co-founder and CEO of Gerber Kawasaki Wealth & Investment Management wrote: “Another fun day for $23,000 Bitcoin and against the haters who were sure it was dead. But no, Bitcoin is like a cockroach [that] returns every time.”

Price promotion: At the time of writing, BTC was up 0.07% over the past 24 hours and trading at $22,756 according to Benzinga Pro.

Continue reading: Bitcoin Holds Above $22K, Ethereum, Dogecoin Surge: Analyst Sees Apex Crypto Hit This Level After “Giga God” Candle Squeeze

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