Longtime Bitcoin critic Peter Schiff has renewed his bearish outlook, warning that a break below $50,000 could trigger a slide to $20,000 — an 84% decline from the cryptocurrency’s peak.

Longtime Bitcoin critic Peter Schiff has renewed his bearish outlook, warning that a break below $50,000 could trigger a slide to $20,000 — an 84% decline from the cryptocurrency’s peak.

Peter Schiff warns Bitcoin could fall to $20K if it breaks $50K, urging holders to sell as he predicts an 84% crash.