List of Flash News about Coinbase data
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2025-09-20 15:00 |
Bitcoin BTC Reality Check: Peter Schiff’s 2017 ‘Zero’ Prediction vs. BTC’s $60k+ Peaks — Data Traders Should Know
According to the source, Peter Schiff asserted in 2017 that Bitcoin would go to zero; this stance is documented in his 2017 X posts and televised interviews that year. Source: Peter Schiff on X (2017); CNBC television interviews (2017). BTC instead posted cycle highs above $60,000 in April 2021 and again in March 2024, far from zero, offering a data-based rebuttal to the 2017 call. Source: Coinbase BTC-USD historical prices; Bloomberg BTCUSD spot data. From early 2017 levels near $1,000 to the November 10, 2021 all-time high near $69,000, BTC appreciated over 50x, underscoring the magnitude of the divergence from the ‘zero’ forecast. Source: Yahoo Finance BTC-USD historical data; Bloomberg BTCUSD price archive. |