While most of the world was busy unwrapping presents, the financial world’s favorite skeptic, Peter Schiff, was busy unwrapping a new critique of Bitcoin. As the 2025 holiday season wound down, Bitcoin saw a modest uptick, but Schiff wasn't buying the festive cheer. Instead, he characterized the "quiet" movement as a rare liquidity window for long-term holders to jump ship before a potential "next leg down."
<h2>Is Bitcoin’s Christmas rally actually a "trap" for investors?</h2>
[embed]https://twitter.com/PeterSchiff/status/2004379343230063019[/embed]

According to Schiff, the answer is a resounding yes. On December 25, Bitcoin managed to claw back to an intraday high of approximately $89,194. However, the economist was quick to point out that this "quiet Christmas rally" is essentially a gift—but not the kind you want to keep. He argued on social media that the slight increase in price is merely a chance for "HODLers" to exit their positions with better liquidity before the asset faces further correction. With <a href="https://www.cryptoknowmics.com/news/el-salvadors-bitcoin-reset-a-pragmatic-turn-for-the-worlds-first-crypto-state/">Bitcoin</a> still sitting nearly 30% below its October high of $126,000, Schiff believes the current trend signals a fundamental breakdown rather than a festive floor.
<h3>Why is Peter Schiff calling Bitcoin's holiday performance a dud?</h3>
The core of Schiff’s argument lies in what he calls "the worst kind of decoupling." While Bitcoin struggled to maintain momentum near the $90,000 mark, precious metals were having a breakout year. Gold surged past $4,400 per ounce, and silver reached a historic $70, decisively outperforming the "digital gold" narrative. Schiff noted that <b>"Bitcoin's quiet Christmas rally"</b> proves the asset is failing to act as a reliable inflation hedge. He pointed out that those who bought BTC over the last few years would have been significantly more successful holding physical silver, which has seen massive gains due to industrial demand and central bank buying.
<h3>What is next for Bitcoin as we head into 2026?</h3>
Despite Schiff’s bearish outlook, the crypto community remains divided. While the "gold bug" warns of an imminent crash, some analysts point to a massive $28 billion options expiry as the real reason for the holiday stagnation. The theory is that once this "suppressive weight" is lifted, Bitcoin could see a sharp return of volatility in January. Whether it’s a "Santa Rally" or a "Schiff Slide," the start of 2026 is shaping up to be a volatile showdown between digital and physical assets.

Bitcoin’s Christmas "Gift": Why Peter Schiff Thinks the Rally is a Trap

Peter Schiff calls the Bitcoin holiday rally a "gift" for sellers to exit. See why the gold bug is sounding the alarm.

Bitcoin’s Christmas "Gift": Why Peter Schiff Thinks the Rally is a Trap

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