Bitcoin News: Peter Schiff Says Saylor’s BTC Buying May Not Stop Price Drop

Key Insights:

• Bitcoin news: Peter Schiff says Strategy’s larger BTC holdings have not stopped the price from falling from last year’s conference level.
• Michael Saylor says digital credit flows and Bitcoin scarcity could support higher BTC prices over time.
• Strategy recently bought about $255 million in Bitcoin, lifting its total share near 3.9% of BTC supply.

Bitcoin News today centers on Peter Schiff’s latest warning that Strategy’s rising Bitcoin ownership may not stop another BTC decline. Schiff said the company now controls a larger share of Bitcoin supply, yet BTC still trades well below last year’s conference levels. Michael Saylor offered the opposite view at Bitcoin Conference 2026, pointing to digital credit flows, scarcity, and bank participation as possible drivers for Bitcoin. Meanwhile, exchange data showed a sharp rise in BTC inflows, adding near-term pressure amid the price’s struggle near resistance.

Bitcoin News: Schiff Questions Strategy’s BTC Buying

Peter Schiff renewed his criticism of Bitcoin after pointing to Strategy’s larger share of BTC supply. He said Strategy owned 2.76% of Bitcoin supply at last year’s Vegas Bitcoin conference. One year later, that share has risen to 3.9%.

Schiff said the larger ownership base did not prevent Bitcoin price from falling. According to his post, a 40% increase in Strategy’s market share did not stop BTC from dropping 30%. He questioned whether more buying from Michael Saylor’s company would change the market direction.

His comments focused on the idea that corporate accumulation alone may not support Bitcoin price. Peter Schiff asked why BTC should stop falling if the strategy reaches 5% of supply by the next conference. The statement kept pressure on a central market debate around Bitcoin treasury companies.

Schiff also compared current Bitcoin price levels with his warning from last year. He said he had urged investors to sell near $110,000 during the previous event. BTC is now trading near $76,000 to $77,000, according to the figures cited in the report.

Saylor Points To Digital Credit Flows

Michael Saylor presented a different view during Bitcoin Conference 2026. He said capital moving into digital credit could later enter digital capital and the Bitcoin network. In his view, those flows should support Bitcoin price over time.

Saylor also linked Bitcoin’s supply limit to possible future demand. He said Strategy recently bought about $255 million worth of Bitcoin. The BTC purchase is equal to the full new supply available during the week.

The Strategy chairman also pointed to large banks entering the market. He named JPMorgan Chase, Citigroup, Morgan Stanley, and Barclays while discussing Bitcoin-based credit and broader digital asset activity. He said bank participation could expand the market for products linked to BTC.

The comments show a clear divide between two major market voices. Schiff argues that Strategy’s larger supply share has not stopped price weakness. Saylor argues that credit markets, scarcity, and institutional access can increase long-term demand.

Bitcoin Price Trades Near Resistance

Bitcoin price remained near $77,000 as traders watched the next move. The chart showed BTC at about $77,358, with price action pressing near the upper part of its recent range. The move followed a steady climb from lower April levels.

However, BTC continued to face resistance near $78,000. The market failed to break that zone with strong follow-through. That kept traders focused on whether buyers could absorb new supply entering exchanges.

The current setup also connects with Schiff’s warning. Strategy’s buying has added a major institutional demand source, but Bitcoin still faces selling pressure when large holders send coins to exchanges. That creates a short-term test for market depth.

Bitcoin News coverage now reflects both sides of the debate. Saylor sees growing financial rails around BTC. Peter Schiff says rising ownership by one company does not guarantee price support when broader selling pressure remains active.

BTC Exchange Net Inflows Hit 30-Day High

CryptoQuant analyst Woominkyu reported that Bitcoin exchange net inflows reached 9,905 BTC on April 27. That marked the largest single-day net inflow in the past 30 days. The move came as Bitcoin struggled to clear the $78,000 resistance zone.

Exchange inflows often draw attention because they can signal possible selling pressure. Woominkyu also said the Exchange Whale Ratio rose to 0.707, the highest level in more than a week. That means the top 10 inflow transactions made up more than 70% of total deposits.

Exchange reserves also moved higher. The report showed reserves rising from 2.666 million BTC on April 25 to 2.677 million BTC on April 28. That increase showed more coins sitting on trading platforms during a key resistance test.

Woominkyu said BTC may retest the $74,000 to $75,000 support zone in the near term if the market does not quickly absorb those inflows.

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