On August 26, economist and cryptocurrency critic Peter Schiff tweeted that Bitcoin had fallen below $109,000, registering an approximate 13% decline from recent highs; Schiff flagged the pullback as concerning amid reported institutional buying and cited a potential downside near $75,000, which he noted sits slightly below MicroStrategy‘s average holding cost.
Market participants should consider such commentary alongside verified on‑chain data and corporate filings; the exchange highlights the broader discussion around Bitcoin price volatility and institutional treasury exposure. Investors and advisors are advised to prioritise risk management, transparent disclosures from companies like MicroStrategy, and documented portfolio rules rather than singular trading directives.