🚨 Peter Schiff Predicts $BTC Could Fall “Much Lower” Than $50K
Crypto critic Peter Schiff warned that $BTC is unlikely to hold at $50,000, predicting a deeper long-term decline. He also criticized Michael Saylor and Strategy for prioritizing crypto accumulation over shareholder value, even amid steep price drops.
Despite the volatility, Saylor’s Strategy continues to buy: in a single week (Dec 8–14), the company acquired ~10,645 BTC (~$980M), bringing its total holdings to 671,268 BTC (~$50.33B).
Schiff also sees potential downside for Strategy’s stock, suggesting it could fall to around $80 if Bitcoin continues to weaken.
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