Peter Schiff Says Bitcoin Buyers Have Only One (Unlikely) Hope To Bail Them Out
Posted On November 21, 2025
Bitcoin’s (CRYPTO: BTC) slide through key support levels has brought long-time critic and gold advocate Peter Schiff back into the spotlight—and he’s not mincing words.
What Happened: Economist and prominent gold advocate Schiff argued on X that Bitcoin’s only path to a new all-time high now hinges on a highly unlikely scenario: the U.S. government stepping in and purchasing massive amounts of BTC for its Strategic Reserve.
Such a move, he warned, would amount to a …
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