Peter Schiff Says STRC Should Trade Near $100 If Wall Street Truly Believes Bitcoin Bull Case
JH Kim
Summary
- Peter Schiff criticized major banks' bullish outlook for Bitcoin (BTC).
- He said STRC should be trading near $100 if Wall Street truly believes the bullish case for Bitcoin.
- Bitcoin was trading at $63,000 as of 2:45 a.m. on July 10, up 1.19% from a day earlier.
Forecast Trend Report by Period
Bitcoin skeptic Peter Schiff criticized major Wall Street banks' bullish targets for Bitcoin.
Cointelegraph reported on July 9 that Schiff said Wall Street's optimism was inconsistent. If major banks truly believe their bullish Bitcoin targets, Strategy preferred stock STRC, tied to Michael Saylor's company, should be trading near $100.
Bitcoin was trading at $63,000 on Binance's USDT market as of 2:45 a.m. on July 10, up 1.19% from a day earlier.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.