Peter Schiff expects BTC sell pressure after Trump's address

Amid President Donald Trump's first State of the Union address of his second term, Bitcoin skeptic and gold bull Peter Schiff argued on X that the recent surge in Bitcoin's price is likely front-running the event. He speculated whether Trump's aides had included content related to Bitcoin in the speech. Schiff predicted that if Bitcoin is not mentioned, a sell-off will occur. He added that even if it is mentioned, insiders who bought in advance are highly likely to sell to realize their profits, leading to downward pressure.