Peter Schiff argues Bitcoin may fall below $16,500 by year-end if $50,000 breaks next

Bitcoin critic and gold advocate Peter Schiff said on Nov. 14 that a Bitcoin break below $50,000 could send it toward a level below $16,500 before the end of 2026. The call extends his earlier downside warnings, while Bitcoin traded near $65,850 on Saturday afternoon. In his 05:53 GMT post , @PeterSchiff said a break of $50,000 could lead to “a quick trip to the 2022 low below $16.5K.” He said a retest before year-end would not surprise him. According to CryptoSlate data at 15:02 GMT on Nov. 14, Bitcoin traded at $65,850 , down 4.36% over 24 hours. It was 47.82% below its Oct. 6, 2025 all-time high of $126,198. Schiff’s latest post gives a more specific downside marker than his earlier warnings. On Feb.

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