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Schiff Reveals Only Reason for $1 Million Bitcoin

Peter Schiff, a long-time critic of Bitcoin, believes that the major cryptocurrency may decline to the $15,000-$20,000 range based on a concerning chart pattern called a "triple top." Schiff also challenges Michael Saylor's optimistic perspective on Bitcoin, cautioning him to "look out below." Despite his skepticism, Schiff jokingly suggests that Bitcoin reaching $1 million would only be possible if a drink in Puerto Rico also cost $1 million, highlighting his disbelief in extreme price forecasts.

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