Bitcoin rebounded after briefly falling to a five-week low of $79,000, reclaiming the $80,000 level and briefly touching $81,000. This move came just hours after Peter Schiff warned on X that Bitcoin was “finally breaking down” and would inevitably fall to $75,000. The price remained slightly above $80,000 on Sunday morning, $5,500 above his weekend target. Schiff had also predicted a “very long weekend” for ETF investors unable to sell until Monday, but those products have attracted more than $55 billion in inflows, while BlackRock’s Bitcoin ETF outsold its gold products during its debut year.
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