Peter Schiff: Bitcoin may fall further to $75,000, slightly below MicroStrategy's average cost price

Economist Peter Schiff tweeted that Bitcoin's price has fallen below $109,000, a 13% drop from its high two weeks ago. He said that despite market hype and corporate buying, Bitcoin's weak performance is worth noting, and predicted that it could fall to as low as $75,000, slightly below MicroStrategy's average cost price.