7 hours ago
Peter Schiff has renewed his critique of Bitcoin arsenic Tom Lee of Fundstrat pushes a headline-grabbing $200,000 terms people for the cryptocurrency.
According to reports, Lee says the market’s caller weakness is tied to the Federal Reserve’s reluctance to chopped involvement rates, portion Schiff points to gold’s caller rally arsenic a informing motion for Bitcoin.
Schiff Points To Gold’s Rally
In an X post, the golden bug Schiff highlighted that the yellowish metallic roseate 10% implicit the past 2 months and reached a caller precocious of $3,620.
“Markets are forward-looking. That’s wherefore gold is up 10% successful beforehand of coming complaint cuts,” helium said, arguing that gold’s determination shows traders expect easier argumentation ahead.
Bitcoin, helium added, has not followed gold’s lead, and that spread worries him.
Permabull @fundstrat forecast Bitcoin volition deed $200K by year-end, arsenic Bitcoin is delicate to Fed complaint cuts. He said the Fed’s two-month intermission is wherefore Bitcoin hasn’t rallied implicit that clip period. But golden rallied 10% during those 2 months, hitting a grounds $3,620 arsenic helium spoke.
— Peter Schiff (@PeterSchiff) September 8, 2025
Lee’s $200,000 Call And His Explanation
Tom Lee remains optimistic. He has argued that the influx of organization investors gives Bitcoin caller “counter-cyclical characteristics,” and that bigger players could propulsion prices overmuch higher implicit time.
Based connected reports, Lee blames the caller underperformance connected the Fed and keeps the $200,000 fig successful nationalist view. His stance continues to marque him 1 of Wall Street’s best-known permabulls – persons who support a perpetually optimistic outlook.
Market Odds And Traders’ View
Polymarket users look unconvinced by Lee’s timetable. At property time, markets amusement an 8% chance of Bitcoin reaching $200k this year.
The aforesaid markets spot astir an 8% accidental connected Bitcoin dropping beneath $70,000 by the extremity of 2025. Those likelihood suggest bettors are divided and that header targets are being treated with skepticism.
A Broader Performance Check
Schiff has besides pointed to longer-term measurements. He noted that Bitcoin is down 16% against golden implicit the past 4 years, adjacent though the cryptocurrency has posted beardown gains versus the US dollar successful that span.
He warned that erstwhile “more air” comes retired of the Bitcoin bubble, the four-year returns whitethorn look weak. The thought that the aged four-year rhythm tied to halvings whitethorn beryllium fading was raised by different analysts successful caller commentary, and that statement is ongoing.
What Comes Next For Bitcoin
Schiff went further by saying Bitcoin is much apt to descend beneath $100k than to scope $200k, putting a cautious rotation connected the outlook.
This presumption makes wide wherever Schiff stands: helium treats gold’s rally arsenic a guardant awesome astir aboriginal argumentation and believes Bitcoin’s lag is not a short-term quirk but a structural concern.
Lee’s antagonistic is that organization flows could alteration however Bitcoin moves implicit time.
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