According to CoinMeta, Peter Schiff suggests that Bitcoin’s “next target could be $75,000,” after which Bitcoin briefly fell below $80,000. He noted, “If this level cannot be maintained today, it will be a long weekend for Bitcoin holders.” He also mentioned some of his previous views on Bitcoin, including “Bitcoin’s price could fall another 80%, and it would still be considered expensive at $750!” (November 2018) and “Bitcoin will never reach $50,000.” (August 2019). On Saturday, Bitcoin dropped to around $79,150 before rebounding above $80,000.