Peter Schiff Predicts BTC Bearish Again: If MSTR Continues Buying, Bitcoin Could Drop Below $60k?


Renowned gold bull and long-term Bitcoin skeptic Peter Schiff recently expressed his views again, questioning Bitcoin's prospects.
He stated that Michael Saylor predicted: if Strategy (MSTR) holds 5% of the world's Bitcoin supply, the price of Bitcoin could reach $1 million per coin.
However, Peter Schiff believes this logic is flawed. He pointed out that Strategy's Bitcoin holdings are already close to 3.9%. If they continue to buy the remaining approximately 231.7k BTC to reach the 5% target, and if this has the same marginal impact on the market price as in the past, then Bitcoin's price could actually fall below $60k, which is completely opposite to Saylor's optimistic forecast.
This view again reflects two completely different logics in the market:
One side believes that continuous accumulation by institutions will drive scarcity premiums, while the other believes that concentrated holdings could introduce new risk structures.
In financial markets, disagreement itself is the reason the market exists.
Without differing opinions, there would be no trading, and no prices.
What truly matters is not what others think, but whether you have your own logic and patience. #WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点 $BTC $AXS
BTC-1.1%
AXS3.79%
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