Bitcoin is struggling in 2025. Since the start of the year, its price has dropped by over 10.5%, now trading at $83,706.02. This decline seems to mirror the US stock market, where the S&P 500 has fallen by 5.44%. But while Bitcoin and stocks are slipping, gold is soaring.
Gold has surged 17.56% this year, reaching $3,085.345, sparking fresh debates on whether investors are shifting away from Bitcoin. Some experts believe this trend could spell trouble for the crypto market, with gold advocate Peter Schiff even predicting a Bitcoin crash to $10,000 if gold crosses $5,000.
Is Bitcoin losing its edge against traditional assets? Let’s break it down.
Peter Schiff, a longtime critic of Bitcoin, believes the cryptocurrency lacks real value and could suffer a major crash if gold keeps rising. He argues that Bitcoin’s price is driven mostly by speculation, while gold has maintained its position as a trusted store of value for centuries.
Despite his skepticism, Schiff acknowledges that Bitcoin has gained popularity among younger investors, who see it as a digital alternative to gold.
At the beginning of 2025, one ounce of gold was worth 0.02771 BTC. Since then, gold’s value against Bitcoin has risen by more than 32.8%. Currently, one ounce of gold costs at least 0.03680 BTC, having peaked at 0.03763 BTC on March 11, 2025. Just yesterday, it gained another 5.47% against Bitcoin.
This means Bitcoin has lost nearly 33% of its value compared to gold since January. Back in December 2021, one Bitcoin was worth 41 ounces of gold, but now it is only worth 27.4 ounces.
Several experts share Schiff’s concerns about Bitcoin’s future.
Veteran trader Peter Brandt warns that Bitcoin’s price chart is showing a bearish wedge pattern, which could push the price down to $65,635.
Crypto analyst Michael van de Poppe highlights $84,000 as a key support level. He predicts that if Bitcoin falls below this level, it could trigger strong bearish momentum and lead to further losses.
Not all analysts are pessimistic. Some believe Bitcoin may have already reached its lowest point.
ByteTree founder Charlie Morris suggests that Bitcoin has bottomed out, meaning a further drop is unlikely.
Meanwhile, financial author Robert Kiyosaki remains confident in gold as a hedge against inflation but believes silver could outperform both gold and Bitcoin in the near future.
Gold may be shining now, but Bitcoin has a history of bouncing back when doubt is at its peak. Will this time be any different?
Some analysts believe BTC has bottomed out, while others foresee further drops if key support levels break amid market instability.
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046 this year if the bullish sentiment sustains.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.
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