Peter Schiff Warns Bitcoin Is Weak and Could Continue Falling

Highlights:

• Peter Schiff says Bitcoin is weaker than gold and silver and has not grown.
• He warns that Bitcoin may continue falling and holders are unlikely to make profits.
• Peter Brandt predicts Bitcoin could drop to $25,000 during the current bearish cycle.

Peter Schiff, a long-time gold supporter and Bitcoin critic, once again gave a negative view on Bitcoin. He said that Bitcoin has not increased like gold and silver, which recently reached record highs. He explained that this shows Bitcoin is weaker than traditional assets that hold value over time. 

Schiff Warns Bitcoin Could Keep Falling

Schiff warned on X that Bitcoin is still in decline. He asked when Bitcoin would rise if it does not respond to gains in tech stocks, gold, or silver. He added that the Bitcoin trade is over, holders are unlikely to make a profit, and prices can only go down. According to him, a slow decline would be the least harmful outcome for investors.

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.

— Peter Schiff (@PeterSchiff) December 23, 2025

Earlier, Schiff said Bitcoin could face its worst period in the next four years. He explained that the cryptocurrency is still struggling against negative market sentiment. He added that while the past four years were bad for Bitcoin priced in gold, the next four years could be even worse.

Schiff also said Bitcoin is closely tied to other risky assets. It falls sharply when markets drop and shows little gain during rallies. He pointed out that gold’s rise does not mean Bitcoin will follow. This, he believes, shows that Bitcoin is not a reliable store of value.

Peter Brandt Warns Bitcoin Could Drop 80%

Veteran trader Peter Brandt also expressed concerns about Bitcoin’s outlook, pointing to repeated historical patterns in its performance. He said that there has never been anything like Bitcoin, and there may never be anything like it again. According to Brandt, Bitcoin has gone through at least five parabolic rises over the past 15 years, each followed by a drop of about 80%. 

Brandt predicts that the current bearish cycle could push Bitcoin’s price down to $25,000. He added that the market downturn is likely to continue until the cycle ends, with the next possible bull market peak expected in September 2029.

These observations show that Bitcoin has a history of repeated volatility. They highlight the risk of long periods of decline, even when short-term optimism appears. Analysts say traders should remain cautious because of growing doubts about Bitcoin’s sustainability as a long-term investment.

There has never been anything like Bitcoin, and may not ever be anything like it again
In 15 years $BTC has experienced five parabolic advances on a log scale followed by at least 80% declines (current cycle not done yet) pic.twitter.com/gNEiXrHsnU

— Peter Brandt (@PeterLBrandt) December 22, 2025

At the time of writing, Bitcoin is trading at $86,997, down 1% in the past 24 hours. Blockchain analytics firm CryptoQuant said on Thursday that BTC has entered a bear market as demand weakens and large investors reduce exposure. The firm warned that prices could fall toward $70,000 or even $56,000 over the longer term. CryptoQuant said Bitcoin’s four-year cycle is mainly driven by demand changes, not the halving event. The firm explained that demand cycles, rather than halvings, control Bitcoin’s four-year pattern.

Bear market is here. Brace yourself.

Bitcoin could drop to $70K–$56K in the coming months, according to CryptoQuant.
Weak hands are about to be tested. pic.twitter.com/1RKGdxVOyL

— @vlo (@vlosmart) December 23, 2025