Peter Schiff labels Bitcoin as a threat: Economist Peter Schiff has labeled Bitcoin a national security threat. He argues that government involvement in Bitcoin diverts resources from productive economic sectors, calling it ‘public enemy number one.’ Schiff suggests selling seized Bitcoin to reduce national debt and prevent its misuse.

Contrasting view by Alex Krüger: In contrast, macroeconomist Alex Krüger views Bitcoin optimistically as entering a ‘supercycle.’ He compares Bitcoin’s growth to gold’s rise after the Gold Standard era. Krüger forecasts Bitcoin will continue rising, bolstered by institutional adoption, while downplaying fears of a bearish market trend.

Current Bitcoin trading status: Bitcoin is trading at 96,556 USD, reflecting recent price volatility. It peaked at 101,215 USD, then dipped by around 4.5% due to profit-taking. KEY support levels are at 94,150 USD and 87,262 USD, while 97,269 USD marks a moving average required for bullish momentum. Resistance stands at 100,000 USD.