Economist Peter Schiff has recently expressed concern that those holding bitcoin may soon regret not selling their assets when they had the chance to do so above $60,000. His warning comes at a time when bitcoin has risen to over $65,000.

On July 15, 2026, bitcoin reclaimed the $65,000 mark, following a previous drop triggered by escalating tensions between the U.S. and Iran. Schiff's comment highlights a shift in sentiment, as he acknowledges his own past regret for not investing in bitcoin earlier. Despite this, he remains staunchly opposed to purchasing the cryptocurrency now, insisting he wouldn’t buy even at $20,000.

Timing and Market Dynamics

Schiff’s warnings often attract scrutiny, especially considering bitcoin's recent surge. At present, his cautionary threshold sits about $5,000 below the current market price. Those who have heeded his previous advice would have sold at a price lower than what bitcoin is trading at today. This discrepancy raises questions about his market predictions, as just last month, he suggested that bitcoin was on a downward trend.

In the past, Schiff has consistently predicted that bitcoin would suffer substantial losses, having made bearish statements at various price points including $1,000, $10,000, and $20,000. His pessimism this year is further amplified by the significant market drop in June, which saw bitcoin decline to approximately $58,000. Even with the recent recovery, the asset remains down significantly year to date.

Corporate Influence on Bitcoin Market

Schiff has also focused his criticism on Strategy, a major corporate holder of bitcoin, which has around 840,000 BTC in its treasury. He warns that the firm’s decision to start selling off bitcoin under its monetization program could lead to greater losses. This perspective adds another layer to Schiff's argument that if the largest corporate buyer is now a seller, the demand that previously supported the market could be dwindling.

In his view, bitcoin lacks intrinsic value, earnings, or yield that could justify its current price levels. This skepticism about bitcoin's valuation has positioned him as a notable critic within the cryptocurrency landscape, while advocates continue to push back against his negative assertions.

This article is for informational purposes only and does not constitute financial advice.