economist Peter Schiff pointed out that as Trump's approval ratings rise, Bitcoin has not followed the rise of other Trump-related assets, possibly due to speculators having purchased in advance, leading to weakened demand. He predicts that Bitcoin may face a "Trump sell-off" and believes that under inflationary pressure, the safe-haven advantages of gold are more prominent and entering a bull market.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Economist Peter Schiff: Bitcoin may fall due to "Trump sell-off"
-
Wechat scan to share
Recommended for you
-
-
EMC Labs ·
Interest rate cut expectations are priced in at 75 basis points this year; BTC rises 3.77% this week; Altseason proceeds smoothly.
The market may experience fluctuations after next week's interest rate cut, but this will not change the medium- to long-term positive outlook.
-
EMC Labs ·
How to cope with the BTC cycle under the heavy pressure of the cyclical "curse"? (October 13-19)
With the US-China trade war easing, BTC has once again fallen to the bull-bear dividing line, and the cyclical pattern is driving clear signs of a "top".
-
EMC Labs ·
Multiple positive factors have combined to temporarily stabilize BTC, but the predicament remains unresolved (October 20-26).
Risk appetite has not yet improved, and funding in the crypto market remains extremely tight.
-
EMC Labs ·
Passion is being curbed, and BTC is showing signs of a "bear market reversal".
With the resumption of interest rate cuts, BTC initiated a new round of gains, but the turmoil caused by the "reciprocal tariff war" black swan event stifled market enthusiasm, and "cyclical"
-
EMC Labs ·
BTC has fallen to its technical limit, and the bull market is hanging by a thread (November 3-9).
The answer will be given within the next 1-2 weeks.
-
EMC Labs ·
The Fed's hawkish stance triggered panic selling, pushing BTC into a technical bear market (November 10-17).
On the daily chart, the "bull-bear reversal" has been confirmed.
-
EMC Labs ·
Beset by internal and external troubles, BTC has experienced a catastrophic crash, and a December interest rate cut may be the only turning point (November 17-23).
This week saw the largest loss since the beginning of the period, with the price of BTC remaining below the 360-day moving average for two consecutive weeks.
-
EMC Labs ·
Repricing + High Turnover: The Logic and Reflections on BTC's November Plunge
Short- to medium-term liquidity changes, coupled with internal dynamics, drove BTC to its second-largest monthly drop in this cycle in November.
-
EMC Labs ·
With the liquidity crisis resolved, BTC has entered a weak equilibrium, and the return of active buying power is key to breaking the deadlock (December 1st to December 7th).
A US rate cut in December is a foregone conclusion, but the "bear market crisis" for BTC is far from a liquidity test.
Daily Must-Read
-
Monetizing Personal Data: How BeFlow Turns Every Purchase into a “Digital Asset”
-
MSCI’s crypto treasury rules could spur $15B of forced selling
-
US Fed pulls guidance blocking its banks from engaging with crypto
-
Ethereum could get faster in January with gas limit rise to 80M
-
Lightning Network hits record capacity on crypto exchange adoption
-
Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says
All Comments