Gold Bug Peter Schiff Calls Bitcoin’s Rally Overdone

Peter Schiff, the outspoken gold advocate, warned that Bitcoin may be “topping out” as traders await a Federal Reserve decision this ￰0￱ Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 According to a post on his X account, Schiff said gold and silver have broken out while Bitcoin is showing signs of losing ￰1￱ comment has drawn attention because it comes just before a key Federal Reserve meeting that many expect to affect risk ￰2￱ Resistance At $116,000 Bitcoin has been stuck near the $116,000 level and has not been able to push well past that mark, even after recent ￰3￱ on market reports, BTC logged about a 4% rise over the past week but ran into strong resistance at roughly $116,000, which traders are watching ￰4￱ hesitation is part of why some voices, like Schiff’s, are warning a top could be ￰5￱ Fed is about to make a major policy mistake by cutting interest rates into rising ￰6￱ and silver have broken out, with the rally finally confirmed by mining stocks leading the ￰7￱ instead of breaking out, Bitcoin is topping ￰8￱ to change horses HODLers. — Peter Schiff (@PeterSchiff) September 14, 2025 Fed Timing And The Rate Cut Question The Federal Open Market Committee meets on September 17, and many participants are expecting a rate cut at that ￰9￱ have linked Schiff’s warning to the timing of that move, arguing that a policy shift from the Fed could alter flows into crypto and other risk assets in ways the market does not yet fully ￰10￱ are parsing both macro signals and on-chain data as they set up for what may be a volatile ￰11￱ And Silver Rally Schiff contrasted Bitcoin’s flatness with what he called strong moves in gold and ￰12￱ his post he suggested that mining stocks have confirmed the metals’ rally, and then added that Bitcoin, by comparison, looks ￰13￱ blunt comparison is part of his wider message that some investors might want to re-balance into metals if the current pattern ￰14￱ Other Analysts See It Not everyone agrees with the gloomier ￰15￱ commentators point out Bitcoin’s recent weekly gains and highlight large buyers and corporate treasuries continuing to add ￰16￱ caution that calling a top is hard and that the market often gives false signals around major policy events.

Still, Schiff’s tweet has widened the debate and spurred fresh calls for caution among certain ￰17￱ Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back Volume on rallies, whether Bitcoin can close decisively above $116,000, and the Fed’s announcement on September 17 are the near-term triggers to ￰18￱ BTC fails to hold support after the Fed news, some technical traders may step aside or reduce risk exposure. Conversely, a clean break above resistance would weaken the topping argument and could prompt renewed ￰19￱ image from Meta, chart from TradingView