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Bitcoin could crash to $30K in 2026, warns critic Peter Schiff after recent $60K drop.

Market News
07 Jun 2026
Zycrypto
View Source
Bearish
pluang ai news

Bitcoin recently dropped to $60,000, prompting critic Peter Schiff to predict it could crash as low as $30,000 in 2026, citing historical sharp corrections in 2014, 2018, and 2022. Schiff warns that if Bitcoin suffers major losses two years in a row, it could threaten its long-term viability. He also criticized Michael Saylor's aggressive Bitcoin buying strategy, suggesting forced liquidation could cause further price crashes, though Saylor denies this. Despite past crashes, Bitcoin supporters believe the cryptocurrency will survive and rebound stronger.

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