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Alexander Zdravkov

Peter Schiff Sees Bitcoin Risking Fall Toward $20,000 if $50,000 Support Breaks in 2026

On 20 February 2026, economist Peter Schiff warned that a drop in Bitcoin below the $50,000 level could trigger a decline toward $20,000, representing an 84% slide from its October 2025 peak above $126,000. He highlighted elevated leverage, institutional ETF outflows, and gold’s stronger performance as reasons he believes downside risks for Bitcoin have increased. Schiff also argued that recent market divergences have intensified the long-running debate between Bitcoin and gold.
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