Prominent Bitcoin critic Peter Schiff has predicted that Bitcoin could crash to as low as $30k in 2026. Schiff went on his usual Twitter rant against the premier digital currency after it crashed to $60k this week, predicting a range of outcomes for the cryptocurrency, each more damning than the last.
Schiff tweeted:
The prominent gold bug used historical data to predict that the digital currency is likely to drop as much as 65% in 2026, a move that would tank its valuation close to $30k in the coming months. He pointed out the sharp price corrections in 2014, 2018, and 2022 as an example. However, he also pointed out that the cryptocurrency had never had two consecutive years of major losses, and that, since 2025, it has recorded a minor loss of its own; a 2026 loss could spell major problems for the cryptocurrency’s long-term viability.
Bitcoin to Drop Even Further if Saylor Forced to Liquidate
The gold proponent didn’t stop there. Responding to a comment on this thread, Schiff stated:
Schiff has long opposed Michael Saylor and Strategy’s aggressive Bitcoin buying policy. The latter is closing in on 1 million BTC overall, but the company recently sold a paltry 32 BTC ($1.9 million), sparking a flurry of rumors about the future of its BTC policy and anticipated major liquidations. Saylor has promised 11% annual yields to investors in his STRC stock, and the proceeds are used to buy crypto in large batches, exceeding those of any other major player in the crypto market.
 
However, Schiff vehemently disagrees with the sustainability of this model and has repeatedly predicted that Saylor would be forced to liquidate the BTC reserves at some point, after which the digital asset would crash hard. Saylor rejects the claim, stating that it would never happen.
The Future
Bitcoin’s history is full of violent price crashes that have affected tens of millions of users and cast doubt on the future of the cryptocurrency revolution.
Schiff, a longtime Bitcoin skeptic, frames these price crashes as evidence of the asset’s inherent weakness, suggesting another brutal downturn could be underway in what appears to be a maturing yet still extremely volatile market. On the flip side, Schiff’s criticism of the cryptocurrency only picks up pace when the market is down, choosing to remain mum during its major price boosts.
One user replied:
BTC has survived worse crashes in previous cycles, and its proponents argue that it would be able to survive the latest crash too, rising stronger than ever.
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