Bitcoin, Crash, and Peter Schiff: Is the Party Over?

Peter Schiff warns Bitcoin might peak before the Fed rate cut, citing gold and silver's strength. Is this the beginning of a Bitcoin crash?

Bitcoin, Crash, and Peter Schiff: Is the Party Over?

Bitcoin's been wobbling lately, and Peter Schiff's been doing his victory dance. Is the crypto king about to stumble, or is this just another Tuesday in the wild world of Bitcoin?

Schiff's Shouts: Bitcoin vs. Gold and Silver

Peter Schiff, never one to mince words when it comes to Bitcoin, is sounding the alarm. He's noticed that while gold and silver are flexing their muscles, Bitcoin is struggling to break past the $116,000 mark. According to Schiff, Bitcoin's failing to capitalize on the same optimism fueling traditional safe-haven assets. Ouch.

Schiff tweeted on September 14, 2025, that the Fed is making a mistake by cutting rates into rising inflation. He notes that gold and silver have broken out, but Bitcoin is topping out.

He's been saying that Bitcoin has no inherent value, making it vulnerable to market ups and downs, while gold and silver are the rocks you can cling to in stormy seas.

Is Bitcoin Really Crashing?

Well, let's not hit the panic button just yet. Bitcoin did dip to around $112,200 recently, triggering a wave of liquidations. But institutions are still showing faith. Metaplanet, for example, scooped up a bunch of Bitcoin, bringing their total holdings to a whopping 25,555 BTC. That's not exactly a sign of impending doom.

Key Levels to Watch

Crypto analyst Ali Martinez is keeping an eye on the $115,440 support level. If Bitcoin can hold above that, we might see a rally. But if it dips below? Buckle up, because $93,600 could be the next stop.

The Broader Market Picture

It's not just Bitcoin feeling the pressure. Ethereum, XRP, and Solana have also taken a hit. Even meme tokens are getting slammed. It seems like the whole crypto market is having a bit of a wobble. Bitcoin dominance is surging, meaning that as Altcoins lag, investors are rotating into Bitcoin.

Fed Rate Cuts: A Double-Edged Sword

The Federal Reserve's upcoming rate cut is adding to the uncertainty. While it might seem like good news, rate cuts often signal underlying economic problems. Historically, this has led to negative performance in U.S. stock markets. However, digital assets might respond differently.

So, What's the Verdict?

Is Bitcoin crashing? Not necessarily. But Peter Schiff's warnings, combined with the current market jitters, suggest it might be wise to keep a close eye on things. The upcoming trading session will be crucial. Bitcoin either defends its current range or declines into a more severe correction.

Whether you're a Bitcoin believer or a Schiff disciple, one thing's for sure: the crypto world is never boring. So, grab some popcorn, keep your wits about you, and enjoy the show!