Euro Pacific Capital CEO: Bitcoin Needs Short-Term Capitulation, Below $38K Key
CryptoNewsTerminal Staff05 Aug, 2024
Euro Pacific Capital CEO: Bitcoin Needs Short-Term Capitulation, Below $38K Key
Euro Pacific Capital CEO Peter Schiff has stated that "today's crypto crash hasn’t been big enough to shake the confidence of ETF buyers, but their resolve will soon be tested. Short-term capitulation is needed. Bitcoin needs to fall below $38,000 for this to happen, and at that level, all the Bitcoin ETFs will make new lows."