Bitcoin’s Price Could Drop to $10,000 And Still Lead 10-Year Returns, Says Peter Schiff In Fresh Jibe At Michael Saylor

• If Bitcoin’s price were to drop to $10,000 by the end of year, the apex cryptocurrency would still be up by over 2,200% over the last 10 years. 
• Despite Bitcoin’s gains, Schiff warned that such a decline would lead to significant losses for most current holders of Bitcoin.
• Both MSTR’s stock and Bitcoin’s price fell during midday trade on Tuesday.

Gold bull and long-time Bitcoin (BTC) critic Peter Schiff took another swipe at Strategy (MSTR) executive chairman Michael Saylor on Tuesday stating that BTC would be the best performing asset over the past ten years even if it ended 2026 at $10,000.

“I'm sure Saylor  will rely on that to keep pumping Bitcoin and issuing more shares of $MSTR to buy it,” he wrote in a post on X. “But a 92% decline will make it the worst-performing investment for most HODLers.”

If Bitcoin’s price ended 2026 at $10,000, it would still mark a 2,223% increase over the past 10 years since in December 2015, Bitcoin traded at approximately $430. On Tuesday, Bitcoin’s price was down 2.5% over the last 24 hours to around $68,100. 

Retail sentiment around the apex cryptocurrency on Stocktwits remained in ‘bearish’ territory over the past day, accompanied by ‘normal’ levels of chatter.

MSTR’s stock took a bigger hit, down 3.7% in midday trade on Tuesday. On Stocktwits, retail sentiment around the Bitcoin proxy flipped to ‘bearish’ from ‘bullish’ over the past day, accompanied by chatter at ‘high’ levels. 

Retail Investors Split On Outlook

One user on the platform pointed out that MSTR’s current trading pattern is similar to its trading pattern four years ago, suggesting a potential repeat of past volatility.

Others remained bullish anticipating that either a ceasefire between the U.S. and Iran or the CLARITY Act markup at the end of April will lift MSTR’s stock price.

“Earlier today Bitcoin peaked above $70K and was immediately hit by a wave of selling,” Schiff said in a post on Monday. “There's too much overhead resistance to justify even speculative buys at these prices.” He added that the upside potential for Bitcoin is limited, whereas the downside risk is significant.

MSTR’s stock has fallen nearly 20% year-to-date, while Bitcoin's price has tumbled more than 22%. 

Read also: ‘Hedge Against Bitcoin’ Outperforms BTC Amid Crypto Market Dip On Record Shielded Supply

For updates and corrections, email newsroom[at]stocktwits[dot]com.