Peter Schiff Predicts BTC Could Plummet to IDR1.24 Billion, ETH Considered Worse?

Jakarta, Pintu News – Economist and gold advocate, Peter Schiff, has issued another stern warning against the crypto market. In a post on the X platform on October 11, 2025, he said that the price conditions of Bitcoin and Ethereum show the potential for a sharp decline.

“Crypto carnage continues,” Schiff wrote. He warned that if Ethereum (ETH) falls below the $3,350 level, the price could drop to $1,500, which would mean a correction of almost 70% from its highest peak. If that happens, Bitcoin (BTC) is predicted to slip to $75,000, a 40% drop from its current high.

Ethereum Called Worse than Bitcoin

Schiff said that while Bitcoin looks bad, Ethereum looks much more fragile from a technical standpoint. He urged investors to exit both assets as soon as possible.

In an earlier post on October 10, Schiff said:

“Bitcoin is crashing… and it’s far from the bottom.”

He emphasized that while crypto seems to be growing in terms of adoption and technology, its intrinsic value is still far below gold and silver, which he said show strength amid global economic uncertainty.

Also Read: 5 Coin Memes Predicted to Explode After Bitcoin Breaks $125,000

Crypto Market is Still Optimistic: Volatility is Part of Growth

Despite Schiff’s pessimistic comments, many market analysts and crypto investors believe that volatility is part of the crypto market’s maturing journey. They note that:

• Institutional adoption continues to rise
• Blockchain development and real-world use cases continue to grow
• Crypto remains an important part of the modern global financial landscape

In price terms, as of October 13, 2025:

• Bitcoin (BTC) is trading at around $115,034 (±Rp1.91 billion)
• Ethereum (ETH) is at $4,144 (±Rp68.8 million)

If Schiff’s prediction is correct, the price of Bitcoin could correct to Rp1.24 billion, and ETH could drop to Rp24.8 million.

Conclusion

Peter Schiff has long been known as a harsh critic of digital assets, and his statements often spark sharp debates between gold and crypto advocates. However, investors are advised not to rely on just one opinion, but to pay attention to technical analysis, fundamentals, and global adoption trends.

Also Read: Shocking Prediction of Uniswap (UNI) Price Until 2030 According to CoinCodex!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Kevin Helms – Bitcoin.com News. Peter Schiff Claims Bitcoin Could Sink to $75K, Says Ethereum Looks Even Worse. Accessed October 13, 2025.