Gold bug and long-time Bitcoin critic Peter Schiff has renewed his bearish call, claiming <a class="ticker-mention" href="/en-US/token/btc">BTC</a> will ultimately collapse to near-zero. Schiff has made similar predictions at multiple points across Bitcoin's history, each time preceding further price appreciation — though past performance offers no guarantee of future direction.
The call lands at a moment when institutional inflows and ETF adoption have broadened Bitcoin's holder base significantly. Critics of Schiff's position argue that structural demand from spot ETFs and corporate treasuries makes a near-zero scenario increasingly implausible, while his supporters maintain that Bitcoin's value remains entirely speculative.
Markets have so far shrugged off the commentary, as they have with previous Schiff warnings.
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