Peter Schiff: Bitcoin is down 32% from its ATH when priced in gold, this round of the Bitcoin bear market will be very brutal.

On October 17, economist and crypto critic Peter Schiff posted on social media, “Gold is eating into Bitcoin's market share. Since hitting a peak in August, Bitcoin has fallen 32% when priced in gold. This round of the Bitcoin Bear Market will be very brutal. I advise holders to sell their Bitcoin and buy gold.”

BTC-2.71%
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