bitcoinwell on Nostr: Peter Schiff says Bitcoin will fall under $20k and shake the conviction of long term ...
Peter Schiff says Bitcoin will fall under $20k and shake the conviction of long term HODLers, causing many to finally throw in the towel.
Schiff has predicted Bitcoin would crash to nothing in 2018, 2019, 2020, 2021, 2022, 2023, and 2024.
Bitcoin is currently $67k. Down from a $73k high earlier this week.
Schiff is calling the bottom the way he has always called the bottom. By predicting capitulation.
A capitulation event is what historically separates the holders who built generational positions from the ones who priced themselves out. Every prior Schiff bottom call has been a buy signal.
Those of us that know what Bitcoin is don't need Schiff's permission to keep holding. And his calls for Bitcoin's demise become more ridiculous every cycle.
Schiff has built a career convincing Americans to sell Bitcoin for gold. Anyone who took the trade in 2018 missed a 22x move.
Wonder what happens this time?
Published at
2026-06-03 13:27:46 UTCEvent JSON
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"content": " \nPeter Schiff says Bitcoin will fall under $20k and shake the conviction of long term HODLers, causing many to finally throw in the towel.\n\nSchiff has predicted Bitcoin would crash to nothing in 2018, 2019, 2020, 2021, 2022, 2023, and 2024.\n\nBitcoin is currently $67k. Down from a $73k high earlier this week.\n\nSchiff is calling the bottom the way he has always called the bottom. By predicting capitulation.\n\nA capitulation event is what historically separates the holders who built generational positions from the ones who priced themselves out. Every prior Schiff bottom call has been a buy signal.\n\nThose of us that know what Bitcoin is don't need Schiff's permission to keep holding. And his calls for Bitcoin's demise become more ridiculous every cycle.\n\nSchiff has built a career convincing Americans to sell Bitcoin for gold. Anyone who took the trade in 2018 missed a 22x move.\n\nWonder what happens this time?\n\nhttps://blossom.primal.net/abe2ae96bcfae41f5e3ba5007411a865a0b5563f4219a12ca1da105ae79c25b2.png ",
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