Peter Schiff refutes Tom Lee's view of Bitcoin search traffic

According to CryptoGlobe, Fundstrat Global Advisers co-founder Tom Lee recently announced that Bitcoin's recent callback is healthy, and he believes Bitcoin's low search traffic is a good sign. This means that the rise of Bitcoin has not been accompanied by large-scale speculation. In this regard, Peter Pacific, CEO of Euro Pacific Capital, said, “According to your statement, every sign is bullish. If the search volume rises, you will say this is a good sign. Less search indicates new buyers. Rarely. Existing speculators are stepping up their bets, many of them using leverage to push up prices. But without new buyers, prices will plummet."