[Peter Schiff: Bitcoin surpassing $72,000 is just a false breakout, not a real breakthrough] Economist and Bitcoin critic Peter Schiff stated, 'Bitcoin surpassing $72,000 is just a false breakout, not a real breakthrough. The U.S. Treasury's announced buyback plan caught the market off guard. Bitcoin investors have always believed that the return of loose monetary policy would act as a catalyst for the surge in gold and Bitcoin prices. But their judgment is only half correct. Sell Bitcoin, buy gold.'