An interesting situation is unfolding in the Bitcoin market. Peter Schiff has once again stirred the pot with his warnings about an inevitable crash, but this time his words are backed by very specific figures from MicroStrategy.

The fact is, Michael Saylor just announced that the company Strategy has purchased another 34,000 bitcoins for approximately $2.54 billion. The average purchase price was about $74,400 per coin. Now, Strategy's total holdings amount to 815,000 BTC, with an investment of roughly $61.56 billion.

And here is where Peter Schiff presents his main point: in his opinion, without such large-scale corporate accumulations, Bitcoin would have already fallen much lower long ago. He argues that this strategy simply cannot work indefinitely. Peter Schiff has long been a skeptic of cryptocurrencies, and every time the price rises, he finds a reason to declare that it’s artificial support.

And what about the current price? Bitcoin is holding between 75,000 and 76,000, although the latest data shows a price around 78,000. A classic situation of uncertainty: there could be a breakout upward, or a pullback to support.

In general, Peter Schiff’s position and Saylor’s are simply diametrically opposed. One sees a collapse, the other continues to accumulate. This very dichotomy keeps the entire market in tension.