Schiff Doubles Down: Bitcoin Faces 80% Drop, Gold Sets New Record
Gold advocate and Bitcoin critic Peter Schiff is sounding the alarm for crypto investors. He's really hammering home...
Quick overview
- Peter Schiff warns that Bitcoin's inability to keep pace with gold and silver is a major red flag for crypto investors.
- He predicts a prolonged bear market for Bitcoin, suggesting it struggles to break free from market volatility.
- Schiff highlights that Bitcoin's performance is overshadowed by surging tech stocks and the rising demand for precious metals.
- Experts are raising concerns about Bitcoin's growth trajectory and its potential as a long-term store of value.
Gold advocate and Bitcoin critic Peter Schiff is sounding the alarm for crypto investors. He’s really hammering home the point that Bitcoin’s inability to keep up with precious metals is a major red flag. Schiff points out that gold and silver are smashing records while Bitcoin is stuck in a rut. He thinks this is a clear sign that the cryptocurrency’s weakness is here to stay.
Schiff points out that Bitcoin’s performance is getting blown out of the water by the surging tech stocks, and it’s also failing to keep pace with the rising demand for gold and silver. “If Bitcoin can’t even go up when tech stocks are rising, and gold and silver are on fire, then when can it go up?” he says. “The answer is it’s probably not going to.”
Four-Year Outlook: “Much Worse”
Schiff is also predicting a long, long bear market for Bitcoin. He points out that it’s struggled to break free from the market’s ups and downs and thinks that’s going to make it much harder for it ever to become the “digital gold” people are always talking about.
Schiff has been wrong on Bitcoin since $100. Called tops at $1K, $10K, $20K, $69K. Now calling top at $93K. His track record on Bitcoin is historically terrible
— GameFi Crusher (@GamefiCrusher) December 23, 2025
- Over the last four years, Bitcoin has been getting trounced by gold.
- Over the next four years, it could be in for an even worse beating.
- And the real problem is that when the market starts to go down, Bitcoin tends to get crushed, and rallies are few and far between
He says that looking back at history shows that when markets get volatile, Bitcoin tends to get ripped to shreds and is hard to recover from.
Expert Opinions Reinforce Warnings
Other industry pros are starting to sound the same warning bells. Even if it’s a veteran trader like Peter Brandt, who thinks Bitcoin could be in for an 80% decline after a big run-up earlier this year.
Some key observations from these experts:
- Bitcoin is lagging behind gold and silver in terms of growth.
- It’s also stuck to the pack on risk assets, which is a significant issue.
- And when Bitcoin goes on a wild run and then comes crashing back down, it tends to stay down for a long time.
- All of this is leading to some really important questions for investors: Is Bitcoin’s trajectory as fragile as it seems, and can it ever be a long-term store of value?
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