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Bitcoin ETFs Can See 15% Gap Down on Monday, Says Peter Schiff

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Bitcoin price has come crashing down over 12% falling to $ 54,000 on Monday, August 5 .

Analysts believe that the Bitcoin price can crash all the way to $ 40 K, it it fails to regain 200 -DMA support.

Popular economist Peter Schiff stated that Bitcoin ETFs could face a hard time in Monday ’s trading session.

As this scenario pans out, Peter Schiff believes that there could be a 15% gap down for spot Bitcoin .