🚨 PETER SCHIFF URGES INVESTORS TO SELL BITCOIN, WARNS OF POTENTIAL CRASH
📉 Longtime Bitcoin critic Peter Schiff has called on investors to “sell Bitcoin now,” warning that a major breakdown could trigger a deep market crash.
⚠️ He argues that if Bitcoin loses the $50,000 level, it could potentially fall toward $20,000 — an estimated 84% drop from its previous all-time high.
🔍 Schiff claims the current cycle is riskier than past ones due to higher leverage, larger market size, and stronger institutional involvement in the asset.
🧠 His bearish thesis is based on the idea that hype, ETF flows, and speculative positioning could amplify downside if key support levels fail.
📊 The warning comes amid renewed volatility and a broader correction from Bitcoin’s 2025 highs, which has already intensified bearish narratives across markets.
💬 However, Schiff’s comments sparked backlash online, with critics noting he has repeatedly made bearish calls on Bitcoin for years despite its long-term growth.
🚨 Overall, the statement highlights rising fear in the market, but also reflects a familiar cycle where extreme crash predictions resurface during periods of heightened volatility.
$BTC
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