Peter Schiff: Imagine How Much Weaker Bitcoin Will Still Be When Saylor Starts Selling
Peter Schiff on Tuesday questioned why Bitcoin (CRYPTO: BTC) bulls consider $20,000 unrealistic when BTC traded at that level only in 2022. Schiff pointed to Strategy Inc.’s (NASDAQ:MSTR) buying record as proof Bitcoin’s support is weaker than it looks. Since October 2025, Strategy spent nearly $17 billion accumulating Bitcoin, yet price still fell 53% over that stretch despite the buying pressure.