Peter Schiff Says Bitcoin's 22% Slide Isn't Over, Tells Holders to Swap for Gold
Peter Schiff is calling the top of Bitcoin's troubles, not the bottom. The longtime gold bug says BTC's 22% drop across the past seven weeks shows no sign of stopping, and he's telling investors to dump the coin and buy gold instead.
- Original source: X account @Cointelegraph.
- The source published it on Nov 13, 2026 at 10:40 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
Peter Schiff has a message for Bitcoin holders: the bleeding isn't done. According to Cointelegraph, the gold advocate flagged that BTC has fallen 22% over the past seven weeks and warned the decline shows no signs of ending.
His fix is a straight swap. Schiff is urging investors to sell their Bitcoin and put the money into gold instead, doubling down on a position he has held for years.
The call lands while Bitcoin is still working through that seven-week slump, with Schiff betting gold is where the money should sit. He didn't offer a target for where he thinks BTC bottoms.
TopicsPeter Schiff · Bitcoin · BTC · Gold · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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