Bitcoiners Remain Optimistic Despite Potential Collapse
- A poll by Peter Schiff revealed that even if bitcoin collapses to $0, nearly 59% of supporters would still not validate his bearish thesis.
- 18.7% of respondents indicated $20,000 as a threshold, while only 8.3% and 13.9% chose $10,000 and $1,000 respectively.
- Strategy Inc.’s BTC holdings stand at approximately $53.852 billion with a debt of $6.754 billion.
- Schiff warned that if bitcoin falls to the range of $25,000-$27,000, Strategy Inc.’s unrealized losses could approach $43 billion.
- Schiff noted a potential retest of bitcoin’s long-term uptrend from December lows could occur if current technical weaknesses persist.
Despite economist Peter Schiff’s predictions about bitcoin‘s potential collapse, the majority of bitcoin supporters remain optimistic about its future value and sustainability.(Source)
