Grok Show 237 Failed Bitcoin Crash Calls Wey Peter Schiff Make
Grok AI don count 237 time economist Peter Schiff predict say Bitcoin go crash since 2011 wey no happen. During this time, Bitcoin price don climb pass 1,000,000%, show say all di Bitcoin crash predictions no correct. Schiff talk say BTC na bubble and e tell people make dem sell for $118,000 before e reach new high pass $123,000. Even though e dey negative, Bitcoin market cap now reach $2.27 trillion and institutions still dey adopt am. Recently, BTC price drop from $119,000 to $112,269 because people fear Fed policy and $812 million ETF money commot for market on August 2. As I dey write this one, BTC dey trade around $114,238, up 5.6% for 30 days and 88.7% year-to-date. Schiff warnings about volatility and “speculative mania” no match Bitcoin resilience. Grok analysis of all failed crash calls show say people still get hope sey BTC go grow long-term.
Bullish
Dis news dey bullish as e show how Bitcoin strong even with repeated crash predictions. By showing 237 failed bearish calls, traders fit get confidence for BTC long-term path. Past tins like calls wey happen during dips for 2015, 2018, and 2021 tey prove say dem premature as BTC rally reach new highs. Di report fit make traders wan buy more, fit calm fear-driven sell short term. For long term, dis exposé fit make people believe say adoption go continue and BTC go strong, make dem allocate more for portfolio. But short-term wahala from macro e still dey matter.