Peter Schiff Calls Latest Bitcoin Rally A Sell Opportunity as BTC Approaches $65,000

NewsTue, 18 Aug 2026 03:58:00 UTC1 hour ago

Bitcoin (BTC) climbed back above $64,000 on Monday, and Peter Schiff, the Euro Pacific Capital economist and longtime Bitcoin skeptic, wasted no time calling the move a selling opportunity rather than a turning point.

In the same breath was quick to praise his preferred asset, precious metals, noting Gold is now above $4,430 and silver is above $66.25.

Another Attack on Bitcoin by Schiff

Schiff posted on X that he was unsure why Bitcoin failed to sell off, adding that the rally gave holders another chance to exit before resistance caps further gains.

I'm not sure why Bitcoin didn't sell off today, but the rally gives HODLers another opportunity to sell. Any ideas what's propping it up? Remember, $65K is resistance. There isn't much upside above that level, but plenty of downside below.

I'm not sure why Bitcoin didn't sell off today, but the rally gives HODLers another opportunity to sell. Any ideas what's propping it up? Remember, $65K is resistance. There isn't much upside above that level, but plenty of downside below.
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Peter Schiff Calls Latest Bitcoin Rally A Sell Opportunity as BTC Approaches $65,000

Another Attack on Bitcoin by Schiff

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