Bitcoin’s Biggest Critic Schiff Admits BTC Price Is Not Crashing Yet

Bitcoin’s Biggest Critic Schiff Admits BTC Price Is Not Crashing Yet

Source: UToday

Published:2026-01-22 22:43

BTC Price:$89253

#BTC #PeterSchiff #Gold

Analysis

Price Impact

Low

Peter schiff's long-standing criticism of bitcoin is well-known. his indirect admission that btc is 'not crashing yet' is a slight deviation but is overshadowed by his continued argument that bitcoin underperforms gold. the market is largely accustomed to his views, so direct price impact is minimal.

Trustworthiness

Low

Peter schiff is a vocal pro-gold, anti-bitcoin advocate, and his analysis is consistently biased. while he highlights gold's performance, his critique of bitcoin is based on a predetermined stance, making his views less objective for crypto investors.

Price Direction

Bearish

Schiff's analysis frames bitcoin's performance as stagnant and underperforming compared to gold and silver. he argues that holding btc leads to missed opportunities, indicating a bearish outlook on its relative value and future gains.

Time Effect

Long

Schiff's core argument centers on the long-term investment viability of bitcoin versus gold, suggesting that btc holders are missing out on sustained gains from precious metals over time.

Original Article:

Article Content:

Cover image via U.Today Read U.TODAY on Google News Popular Bitcoin critic and pro-gold advocate, Peter Schiff, has stirred discussions across the crypto market again after restating his long-time stance about gold being a better investment decision than Bitcoin. Advertisement In his latest assertion, Peter Schiff sang praises of gold and other precious metals, with claims that they are exploding, as silver and gold have recently hit new highs. As usual, Schiff did not end the post without throwing jabs at Bitcoin and its holders. However, what makes it interesting this time is that the critic indirectly acknowledged Bitcoin’s short-term strength after he admitted that the world’s leading cryptocurrency is not crashing yet. HOT Stories U.Today Crypto Digest: Ripple Snatches Major Partnership in $5 Trillion Pool, XRP Defies Death Sentence, Shiba Inu Avoids BTC Selling Pressure Powerful Pro-Bitcoin BlackRock Exec Could Become Next Fed Chair 'Thinking About Buying More Bitcoin': Michael Saylor Reacts to Bitcoin Price Collapse With Bull Statement Morning Crypto Report: Ripple Legend Co-Signs Binance Twist, 'Digital Silver' Litecoin Raises Halving Alarm, XRP Price Enters 'Crocodile' Zone Schiff compares Bitcoin to gold and silver again After pointing out the growing performance seen in silver and gold, Schiff did not hesitate to mention that Bitcoin has once again underperformed. Advertisement Schiff emphasized that while Bitcoin is not experiencing a notable collapse, it is failing to deliver the gains many long-term holders expect. According to Schiff, the real issue for Bitcoin investors isn’t the absence of a major crash in Bitcoin’s price, but the opportunity they lose by holding BTC while other assets rally. You Might Also Like Thu, 01/22/2026 - 19:24 Bitwise Debuts New ETF That Combines Bitcoin and Gold By Alex Dovbnya Advertisement While Bitcoin has continued to show mixed price action, hovering around $90,000, Schiff framed Bitcoin’s recent price movement as stagnant, comparing it against what he sees as strong momentum across metals and mining equities. While it is very common for Peter Schiff to raise such debates about Bitcoin, the crypto community is not having it, and Bitcoin supporters have continued to argue that short-term price movements don’t undermine Bitcoin’s long-term prospects. Holders back their support with Bitcoin’s fixed supply, global liquidity, and history of sharp recoveries as reasons for patience, even during periods when other asset classes like gold outperform. #Bitcoin #Gold #Peter Schiff