It will be kept afloat by large companies buying up the cryptocurrency. Retail investors will also prevent Bitcoin from falling to zero, the crypto skeptic believes.

Schiff predicts that Bitcoin's price will continue to fall, and sooner or later, the crypto asset will return to $100. The economist believes that in a hundred years, the world's first cryptocurrency could be completely worthless. The "Gold Bug" called Bitcoin investments a gamble, urging investors to allocate more capital to gold and other precious metals, given the asset's strong performance in 2025.

In October, Bitcoin reached an all-time high of $126,000, but soon fell below $90,000. Bitcoin has now recovered slightly and is trading at $92,000 with a market capitalization of $1.8 trillion. According to the president of Euro Pacific Capital, Bitcoin's high volatility makes it unsuitable for a reliable store of value.

In November, Schiff advised investors and traders to sell Bitcoin as quickly as possible while the BTC price remains above $100,000. Recently, the head of Euro Pacific Capital attributed Bitcoin's decline to its lack of intrinsic value, unlike that of technology stocks.