The competition between gold and Bitcoin (BTC) is heating up again with the latest statement from economist and gold advocate, Peter Schiff. In a rather bold statement, Schiff predicts that Bitcoin and the crypto sector as a whole will soon experience a sharp decline due to gold's dominance. According to him, investors will turn to traditional safe-haven assets in response to the current market uncertainty.

Predicted $4,000 Gold Price and Bitcoin Decline

Wall Street is so bullish on crypto that it's hard to imagine it going much higher from here. Instead, it's very likely that Bitcoin and everything crypto are about to be rugged by gold. As gold tops $4k, it's likely that Bitcoin will sell off, taking the rest of crypto with it. --- Peter Schiff (@PeterSchiff) October 7, 2025

Peter Schiff, known for his criticism of Bitcoin, revealed on platform X that Wall Street's optimism towards crypto has reached unsustainable levels. Schiff argued that with such an overly bullish sentiment, it is likely that digital assets will struggle to develop further. "It is very likely that Bitcoin and the rest of crypto will soon be overtaken by gold," Schiff wrote. If the price of gold reaches $4,000 per ounce, he predicts that Bitcoin will experience a massive sell-off, which will take the entire crypto sector with it.

Schiff added that Wall Street is currently so optimistic about crypto that it's hard to imagine prices going higher than this. On the contrary, he predicts that when gold reaches $4,000, Bitcoin will experience a decline, which will affect the entire crypto market.

Caution Rises as Gold Prices Rise

Is it OPPOSITE DAY?

You meant Wall Street is so bullish on Gold that it will be rugged by Bitcoin and crypto right?

I mean look at market cap of hold v Bitcoin and tell me which one has the most to give to the other. --- Brian Shuster -- "Godfather of the Metaverse" (@Brian_Shuster) October 7, 2025

In a discussion on social media, tech entrepreneur Brian Shuster questioned Schiff's logic, suggesting that the reverse might be the case given Bitcoin's market capitalization and adoption trends. However, Schiff responded that while only a small percentage of investors are buying gold, this shift marks an upward trend compared to last year. He emphasized that "Bitcoin or crypto investments are much more common," but said gold's appeal as a hedge could increase sharply if its price continues to rise.

In contrast to Schiff's warning, veteran investor Paul Tudor Jones predicts an explosive Bitcoin rally. Currently, gold prices are stable near $2,700 per ounce. Therefore, some analysts expect new prices if global inflation and interest rate expectations continue. Schiff's forecast of $4,000 gold implies a potential 50% surge. This is likely to attract the attention of large institutions and possibly withdraw their funds from risky assets, such as crypto.

Conclusion

With bold predictions and differing views from various experts, the gold and Bitcoin markets seem to continue to be a hot topic among investors. Whether gold will actually outperform Bitcoin or vice versa, only time will tell. However, one thing is for sure, this dynamic between traditional and digital assets will continue to attract attention and speculation for the foreseeable future.