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Peter Schiff Highlights Bearish Pattern Formation in BTC Price, Predicts Downside Target

In the midst of Bitcoin’s recent price correction, Peter Schiff, a well-known critic of cryptocurrencies, has pointed out a bearish pattern forming in BTC’s chart. He has predicted a downward trajectory for Bitcoin’s price in the near future. This statement has quickly gained attention within the crypto market, which has been experiencing volatility due to the Bitcoin halving and the recent Federal Open Market Committee (FOMC) meeting.