Bitcoin Price Prediction: As Peter Schiff Says BTC Is ‘Topping Out,’ $4B Whale Dumps Again Bitcoin Before FOMC Rates Decision
The Bitcoin price dropped a fraction in the past 24 hours to trade at $115,129 as of 4:16 a.m. EST as Peter Schiff says BTC is ‘topping out’ and a downbeat whale dumped BTC again before the FOMC rate decision on Wednesday Economist and long-time BTC critic Peter Schiff believes that Bitcoin is running out of steam. “Bitcoin is topping out just as the Fed prepares to cut rates.,” he said on X. Maybe, maybe not. Given what's happened if this was just a consolidation I should already broken out. Given that Bitcoin is still 15% below its 2021 peak priced in gold should be a concern. — Peter Schiff (@PeterSchiff) September 14, 2025 Lowering rates while inflation remains high could worsen economic risks, he said. The Fed is widely expected to cut rates by at least 25 basis points on September 17. Rate cuts often support markets, but some analysts are now bearish in the short term. “Historically, equities have struggled in the months followi...