Mike Novogratz Bets To Pay Peter Schiff $1 M If Bitcoin Price Stays Below $35,000 After 2022

Bitcoin skeptic and gold supporter Peter Schiff has been having a field day criticizing Bitcoin, pointing to the drop in price as evidence that Bitcoin cannot be compared to gold.

Remarkably, the exchange started from a tweet by Novogratz where the ex-hedge fund manager speculated that the price of Ethereum (ETH) would find support at $2,600.

Crypto market participants remain divided as to where the market is headed

On the other hand, bulls have pointed out several bullish market signals that indicate that the market will bounce back bigger from the downturn.