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Bitcoin on the brink: Investors fear massive decline!
Peter Schiff expresses concerns about Bitcoin on October 8, 2025, while the cryptocurrency loses secure systems.
Bitcoin on the brink: Investors fear massive decline!
On October 8, 2025, the well -known financial expert Peter Schiff expressed considerable concerns about the future of Bitcoin. Loud U.Today the leading cryptocurrency value shows signs of weakness, especially compared to traditional safe systems such as gold and silver.
In the past trade period, Bitcoin fell by more than 1% and at that time noted at around $ 112,900 after a decrease of $ 116,000. Ship sees a trend towards more stable investments, with investors more on gold, currently over $ 3.690, as well as silver, which acts over $ 40 and $ 43. This suggests that Bitcoin, as a highly volatile system, is increasingly losing attractiveness.
Bitcoin Technical Outlook
A central topic in ship's analysis is the technical support of Bitcoin. The cryptocurrency market is under pressure, while Bitcoin tries to remain $ 111,800 above the 100-dayema. If this brand falls, a further decline could threaten to USD 106,000. The 200-dayema is also considered important support.
In addition, the relative strength index (RSI) shows signs of a declining purchase interest, since it approaches the neutral values at 45. The sunken trade volume increases the impression that the upward movement of recent times in favor of a bearish market is in danger. Ship warns that after the markets were reopened in the United States, a sales pressure that Bitcoin could push down could continue to push down.
Market psychology and investor behavior
Schiff emphasizes that Bitcoin has no inner value and is therefore extremely susceptible to market fluctuations. This should cause investors to rethink their strategies and possibly prioritize the escape into safer systems. Gold and silver are currently experiencing increased demand, which underlines escape from uncertainty in the cryptocurrency market.
In conclusion, it can be said that the upcoming trading session could be decisive for the stability of Bitcoin. Depending on the market reactions, the question arises whether Bitcoin enters into another bears cycle or whether a recovery could arise.