Bitcoin $BTC$71,936.32 approached $72,000 during the European morning on Thursday, an increase of more than 3.5% over the past 24 hours and 15% higher since Monday.
Bitcoin (BTC) climbed back above $64,000 on Monday, and Peter Schiff, the Euro Pacific Capital economist and longtime Bitcoin skeptic, wasted no time calling the move a selling opportunity rather than a turning point.