Peter Schiff Warns: Bitcoin Could Target $75,000 as Pullback Risk Looms

Rekt_Recovery · 2025-12-26T22:15:40+00:00

Economist Peter Schiff warns of potential challenges for Bitcoin, predicting a drop to around $75,000. He highlights the importance of institutional sentiment and advises current holders to sell now and reinvest at lower prices.

Rekt_Recovery

2025-12-26 22:15:40

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Renowned economist Peter Schiff is raising fresh alarms about Bitcoin’s near-term trajectory, suggesting the world’s largest cryptocurrency may face substantial headwinds ahead. The recent price action supports his thesis—Bitcoin has retreated from its $109,000 peak just two weeks prior, currently sitting near $87,460, representing a decline of roughly 20% from that high.

The Case for a Deeper Correction

Schiff’s base-case scenario points to Bitcoin potentially sliding toward $75,000, a level that carries symbolic weight: it sits near MicroStrategy’s publicly disclosed average acquisition cost for its sizable Bitcoin holdings. According to Schiff, this convergence isn’t coincidental—it could serve as a natural support zone where institutional panic selling has already been priced in.

The economist emphasizes watching corporate participation and retail sentiment as critical indicators. If institutional players like MicroStrategy face pressure, combined with wavering retail enthusiasm, the psychological floor at $75,000 becomes increasingly plausible.

A Humble Pivot on Bitcoin’s Potential

Notably, Schiff offered candid introspection on his previous predictions. He acknowledged that his earlier call against Bitcoin breaking the $100,000 barrier proved incorrect—the asset indeed surpassed that milestone. However, he suggests this might not be a permanent breakout, hinting that mean reversion could bring price back to or below that psychologically important level.

Schiff’s Tactical Recommendation

For current holders, Schiff advocates a counterintuitive strategy: offload positions at present levels and redeploy capital at substantially lower prices. This approach assumes his $75,000 thesis plays out within the timeframe he’s analyzing, allowing traders to capture mean reversion moves.

The broader takeaway: While Bitcoin has proven skeptics wrong before, Schiff’s pullback scenario remains grounded in institutional cost bases and market cycles worth monitoring.

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