Schiff Predicts Bitcoin Surge May Collapse Post-Trump Speech

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Peter Schiff warns that Bitcoin‘s $2,000 surge before Trump’s State of the Union may reverse, as traders may sell the news.

Ah, Bitcoin, that fickle creature. It soared like a rocket ahead of President Donald Trump’s State of the Union address, adding over $2,000 in mere hours. A sight to behold, no? Yet, our old friend Peter Schiff, the eternal Bitcoin skeptic, suggests this surge might be short-lived.

The Bitcoin Surge: A Pre-Trump Speculation or Just a Wild Guess?

The price of Bitcoin climbed, driven by the anticipation that Trump might give the cryptocurrency a nod during his speech. Of course, this meant a flurry of short-term buying across major exchanges, the kind of speculative action we know and love.

Schiff, ever the contrarian, shared his thoughts on X (formerly Twitter): He wasn’t buying into the hype. Instead, he chalked up the rally to speculation rather than genuine demand.

He quipped, “Bitcoin spiked. I wonder if Trump crypto bros managed to slip a Bitcoin reference into the SOTU address.”

Bitcoin spiked. I wonder if Trump crypto bros managed to slip a Bitcoin reference into the SOTU address. If Bitcoin isn’t mentioned at all, I expect it to sell off. If it is mentioned, it’s still likely to sell off as Trump insiders who bought ahead of the speech sell the news.

– Peter Schiff (@PeterSchiff)

According to Schiff, if Bitcoin doesn’t make it into Trump’s speech, we might see the price plummet faster than you can say “sell the news.” And even if it does get a mention, he’s not convinced it will hold the line.

Schiff’s Post-Speech Prognosis: A Swoop and a Dive

Peter Schiff, as you might have guessed, isn’t one to hold back. He’s been vocal about his disdain for Bitcoin, and this time, he’s not mincing words. He suggests that this rally could be more of a fleeting moment than a sustainable trend.

He also predicted that if Bitcoin isn’t referenced during the speech, we could be in for a dramatic pullback. Of course, even a mention from Trump wouldn’t necessarily save the day. In fact, it might just cause those early buyers to cash out.

The whole “sell the news” scenario is familiar to anyone who’s watched the markets for a while. Stocks and assets rise in anticipation of big events only to tumble afterward, once the hype has worn off.

And yes, Schiff believes Bitcoin could follow this exact pattern after the speech ends.

Related Reading: Stockbroker Peter Schiff Warns US Economic Crash Risks Rise As Gold Prices Surge

Investor Caution: A Cautionary Tale

Not one to shy away from doom and gloom, Schiff doubled down on his earlier warnings of a Bitcoin correction. He’s already projected that Bitcoin could fall to $20,000, and that’s assuming it doesn’t break through $50K first. But don’t worry, he has a solution-sell now.

If Bitcoin breaks $50K, which looks likely, it seems highly likely it will at least test $20K. That would be an 84% drop from its ATH. I know Bitcoin has done that before, but never with so much hype, leverage, institutional ownership, and market cap at stake. Sell Bitcoin now!

– Peter Schiff (@PeterSchiff)

Meanwhile, other financial bigwigs, including JPMorgan’s CEO, have echoed similar caution about broader market risks, adding to the growing sense of unease among investors.

In a world where Bitcoin remains as volatile as a rollercoaster ride, especially during politically charged events, traders are watching Trump’s speech with bated breath. The question on everyone’s mind: will this rally hold, or will it crash and burn like so many before it?

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2026-02-25 14:06