$XAG Economist and gold advocate #PeterSchiff has shared fresh concerns about Bitcoin’s future, linking it to the recent moves in the silver market.$BTC
Schiff tweeted that the current trend in silver prices may reverse, and he believes this shift could negatively impact Bitcoin. He warned that a rise in silver could act as a signal for a major downside move in Bitcoin, calling it a potential “catastrophic collapse” and urging followers to take his warning seriously.
Why Schiff Is Watching Silver
Schiff has always supported traditional “hard assets” such as #GOLD $XAU and #Silver over Bitcoin. In his view, a strong move in silver can reflect a change in investor behavior, especially when the market becomes cautious.
His core idea is:
If silver starts rising strongly, it can mean investors are moving toward safer assets
That shift may reduce demand for high-risk assets like crypto
#bitcoin can face selling pressure during a “risk-off” period
Peter Schiff has been a long-time Bitcoin critic, and his warnings are not new.
But his message reflects a macro concern: if traditional safe assets like silver begin to dominate investor attention, Bitcoin could face increased pressure in the short term.
What’s your view — is silver strength a warning sign for Bitcoin, or just noise?
