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Peter Schiff says BTC rebound is a chance to sell, sees $65K as resistance

August 18, 2026, 12:17 AM
Peter Schiff says BTC rebound is a chance to sell, sees $65K as resistance Peter Schiff, CEO of Euro Pacific Capital and a prominent Bitcoin critic, said BTC’s rebound should be seen as a selling opportunity. In a post on X, Schiff said he did not know why BTC had not fallen today, but viewed the rebound as another chance for long-term holders to sell. Schiff added he did not know what was supporting the price and said $65,000 was a resistance level, with limited upside above that point and substantial downside risk below it. According to CoinMarketCap, BTC was trading at $64,405, up 2.49% over the past 24 hours.

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