Peter Schiff Turns Bearish on Bitcoin Again: $65,000 Is Resistance Level, Advises HODLers to Sell Off on Rebound

Peter Schiff, a well-known gold bull and long-term Bitcoin bear, stated that he is confused about Bitcoin's recent lack of decline and believes this rebound provides a new round of selling opportunities for long-term holders. He pointed out that $65,000 is Bitcoin's current key resistance level, with limited upside potential after breaking this level, but significant downside risk once it falls below.