Peter Schiff Warns Bitcoin May Slide to $10K and Potentially Break Below That Level

Gold proponent and long-time Bitcoin critic Peter Schiff forecasts that Bitcoin could drop toward $10,000 and suspects that support at that price may not hold. He also argues that MicroStrategy would struggle if Bitcoin fell to $8,000 over the next four years and criticizes major financial TV networks for what he views as overly bullish Bitcoin coverage.