{"id":55515,"date":"2025-10-29T14:16:33","date_gmt":"2025-10-29T14:16:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55515"},"modified":"2025-10-29T14:16:33","modified_gmt":"2025-10-29T14:16:33","slug":"peter-schiff-bitcoin-depends-on-growing-supply-of-fools-and-technical-analysis-says-hes-not-wrong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55515","title":{"rendered":"Peter Schiff: Bitcoin Depends On &#8216;Growing Supply Of Fools&#8217;\u2014And Technical Analysis Says He&#8217;s Not Wrong"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) trades near $113,000 on Wednesday, caught between <strong>Peter Schiff&#8217;s<\/strong> crash warning and a chart setup that could define <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction-oct-14\">its next major move<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Schiff Warns Of Confidence-Driven Fragility<\/h3>\n<p>In an X post, Schiff <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1983489288055714032\">said<\/a> Bitcoin &#8220;works only as long as there&#8217;s a growing supply of fools.&#8221;\u00a0<\/p>\n<p>He argued that when momentum fades, belief erodes, and Bitcoin &#8220;crashes.&#8221;\u00a0<\/p>\n<p>The gold advocate&#8217;s comments highlight long-standing skepticism that Bitcoin lacks intrinsic value and depends on continuous adoption.\u00a0<\/p>\n<p>Supporters counter that Bitcoin&#8217;s scarcity and decentralized design provide value similar to digital gold.\u00a0<\/p>\n<h3 class=\"wp-block-heading\">BTC Holds &#8230;<\/h3>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48494399\/peter-schiff-bitcoin-depends-on-growing-supply-of-fools?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Peter\" schiff: bitcoin depends on supply of fools technical analysis says he not wrong>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) trades near $113,000 on Wednesday, caught between Peter Schiff&#8217;s crash warning and a chart setup that could define its next major move. Schiff Warns Of Confidence-Driven Fragility In an X post, Schiff said Bitcoin &#8220;works only as long as there&#8217;s a growing supply of fools.&#8221;\u00a0 He argued that when momentum fades, belief [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-55515","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55515"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55515\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}