Peter Schiff Predicts Bitcoin’s Fall Despite Market Trends

• Lyla Velez
• December 24, 2025
• Investment
• 0 Comments

Peter Schiff, noted economist and CEO of Euro Pacific Asset Management, has once again forecasted the end of Bitcoin, asserting that it will not rise in 2025 despite gold and silver performing well.

Gold’s surge to over $4,300 this year underscores Bitcoin’s struggle to break free of its current trajectory, highlighted by a 30% drop from its annual high.

Bitcoin’s Underperformance

Bitcoin critic Peter Schiff emphasized the cryptocurrency’s underperformance, noting BTC’s inability to rise alongside silver and tech stocks. He asserts the Bitcoin trade is over, predicting no future upside. Schiff has consistently argued this since BTC was under $300, criticizing its volatility and lack of tangible backing. As Schiff puts it:

“If Bitcoin won’t go up when tech stocks rise, and it won’t go up when gold and silver rise, when will it go up? The answer is: it won’t. The Bitcoin trade is over. The suckers are all in. If Bitcoin won’t go up, it can only go down. If HODLers are lucky it won’t be a slow death.”

Current Market Dynamics

Currently, Bitcoin struggles around $85,000–$87,000, experiencing a decline from recent peaks. Meanwhile, gold and silver are seeing significant gains. Schiff’s remarks contribute to ongoing debates about Bitcoin’s role in diversified portfolios, which can also be seen in discussions by Market strategy insights shared on trading dynamics.

Market reactions include skepticism from Bitcoin proponents who argue past recoveries following major declines. They maintain BTC’s unique value proposition outside traditional financial systems. Such historical resilience contrasts with Schiff’s forecast. Recent performance metrics fuel this complex debate, further complicating speculative trades.

Bloomberg Intelligence’s Mike McGlone echoed sentiments of caution, likening Bitcoin’s trajectory to the 1929 market conditions, suggesting potential drops below $10,000. Consideration of these historical patterns remains critical. Veteran trader Peter Brandt also anticipates further declines based on prior parabolic advances.