Bitcoin rally above $72,000 is fakeout, sell BTC for gold: Top economist

Economist and veteran US trader Peter Schiff said Bitcoin's rally above $72,000 is "a fakeout, not breakout". "Bitcoin investors have long believed a return to easy money would be the catalyst for gold and Bitcoin to soar...Sell Bitcoin, buy gold," he added. Bitcoin rallied after President Donald Trump said he would make US the natural home for the crypto industry.