Economist Peter Schiff has predicted that Bitcoin may plummet to $75,000 in the coming months, citing recent market volatility as a contributing factor. This prediction comes amidst investor concerns about the cryptocurrency’s stability and follows a significant sell-off that has dropped Bitcoin’s value by 13% in just two weeks. Schiff attributes this decline to weaknesses within the market and advises investors to take advantage of the dip by selling their holdings. His opinion aligns with concerns already circulating amongst other industry figures as well as large institutional investors who have been observed engaging in significant sell-offs. This volatility has triggered panic selling from major players, creating a sense of unease across the cryptocurrency landscape. The market reflects a mixed bag of sentiments, evident in the actions of whales and historical price corrections, leaving some investors wary but also opportunistic, waiting for lower prices to acquire assets. While history shows that Bitcoin tends to rebound after dips, this latest drop below $109K is causing concern, prompting many to sell their holdings and seek potentially better bargains. TradingView offers insights into current market trends through advanced analytical tools to help traders navigate the volatile situation. It’s important to remember that cryptocurrency investments carry inherent risks, and it’s always recommended to consult a financial advisor before making any investment decisions.