Economist: Bitcoin's orderly decline did not cause market panic, and the drop to $79,000 was not a crash
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Odaily reported that Anthony Pompliano, the founder and CEO of Professional Capital Management, posted on X platform that the community was already psychologically prepared for the scenario of Bitcoin dropping to $82,000. Peter Schiff, an economist who is not friendly to Bitcoin, responded that this Bitcoin drop was quite orderly and did not trigger panic, and he did not believe that a drop to $79,000 would mean a collapse.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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