In a tweet posted earlier today, Schiff iterates his opinion that there’ll be a lot of sellers and no buyers after the halving.
In another tweet, Schiff says Bitcoin will collapse. He admits he likes to rile Bitcoin proponents and will no longer be able to do so when Bitcoin’s inevitable collapse happens.
Schiff has expressed a similar view about the halving before. According to him, the event risks a huge “sell the fact”, referring to popular trading saying which describes a situation where people are disappointed at a market event expected to be bullish.