Markets· ★★★· bearish·

Peter Schiff: Bitcoin's next support is $75K, ETF holders can't sell until Monday

  • —Schiff flagged $75,000 as the next support level after the break below $80,000
  • —Spot ETF holders cannot exit positions over the weekend, only from Monday
  • —Bitcoin has already slipped below $80,000 during the current correction
Why it matters: A break of $75,000 would intensify pressure on ETF investors and could accelerate outflows from Bitcoin funds early next week.
Source: PANews