隨著納斯達克進入校正模式，比特幣面臨著增長的壓力

自2025年初以來，納斯達克綜合指數下降了8.21％，而納斯達克100指數下跌了6.16％。

The Nasdaq Composite Index has decreased in value by 8.21 percent since the beginning of 2025, and the Nasdaq 100 Index has dropped by 6.16 percent. Bitcoin has also seen a decline of 11.25 percent, whereas gold has risen by at least 15.1 percent.

自2025年初以來，納斯達克綜合指數的價值下降了8.21％，納斯達克100指數下降了6.16％。比特幣也下降了11.25％，而黃金的下降至少增長了15.1％。

As uncertainty looms over the market, investors are seeking refuge in safe-haven assets. Among them is Peter Schiff, a staunch advocate for gold, who believes this is just the beginning. According to Schiff, if the Nasdaq enters a bear market, Bitcoin could plummet to 65,000 dollars or even as low as 20,000 dollars. At the same time, he predicts gold could soar past 3,800 dollars as investors move away from riskier bets.

隨著市場上的不確定性隱約，投資者正在尋求避難所的避難所。其中包括彼得·希夫（Peter Schiff），他是黃金的堅定倡導者，他認為這僅僅是開始。根據席夫（Schiff）的說法，如果納斯達克（Nasdaq）進入熊市，比特幣可能會下降到65,000美元，甚至低至20,000美元。同時，他預測，隨著投資者擺脫風險較高的賭注，黃金可能會飆升3,800美元。

Let’s take a closer look.

讓我們仔細看一下。

Over the last 30 days, Bitcoin has fallen by about 14.3 percent, including a 0.5 percent drop in just the last 24 hours.

在過去的30天中，比特幣下降了約14.3％，其中僅在過去24小時內下降了0.5％。

Bitcoin skeptic Schiff warns that if the Nasdaq drops 20%, Bitcoin could drop to $65,000. He also points out that a deeper stock market crisis could pull the BTC price to a low of $20,000 or even lower.

比特幣懷疑論者Schiff警告說，如果納斯達克下降20％，比特幣可能會降至65,000美元。他還指出，更深層次的股票市場危機可以將BTC的價格提高到20,000美元甚至更低。

Schiff sees similarities between today’s market and past financial downturns. Could history repeat itself?

席夫（Schiff）看到當今市場與過去的財務低迷之間的相似之處。歷史可以重演嗎？

According to Benzinga, in 1929, the stock market crashed after a bull market that saw the market increase by 140 percent over a period of five years. The downturn continued until 1932, leading to a 90 percent decline from the 1929 high.

根據本辛加的說法，1929年，股票市場在牛市中崩潰了，牛市在五年內市場增長了140％。衰退一直持續到1932年，導致1929年最高點下降了90％。

Later, during the 1987 crash, the market soared by 108 percent over three years, only to decrease by 48 percent in just 18 months.

後來，在1987年的崩潰中，該市場在三年內飆升了108％，僅在18個月內下降了48％。

Schiff further highlights that during the 1971-1972 bear market, the stock market experienced a rise of 100 percent, followed by a 55 percent decrease over two years.

希夫進一步強調，在1971 - 1972年的熊市中，股票市場上漲了100％，隨後兩年下降了55％。

Based on these past trends, Schiff argues that Bitcoin is at risk of following the stock market downward.

基於這些過去的趨勢，希夫認為比特幣有可能跟隨股票市場向下的風險。

At the start of this year, the gold spot price was $2,623.954. Since then, the gold market has registered a rise of no fewer than 15.1%.

在今年年初，黃金點價格為2,623.954美元。從那時起，黃金市場的增長不少於15.1％。

Schiff notes that there is an inverse relationship between the US market and the gold market. As the former declines, the latter tends to increase in value.

席夫指出，美國市場與黃金市場之間存在反向關係。隨著前者的下降，後者的價值往往會增加。

If the Nasdaq drops to 20%, which would be around 1999 levels, Schiff forecasts that the price of gold could reach as high as $3,800 per ounce.

如果納斯達克股票下降到20％，即1999年的水平，Schiff預測黃金的價格可能高達每盎司3,800美元。

However, if the market continues to fall and reaches 1982 lows, the price of gold could potentially soar even higher, possibly to 5,000 dollars.

但是，如果市場繼續下跌並達到1982年的低谷，黃金的價格可能會飆升甚至更高，可能會達到5,000美元。

Schiff remains firm in his belief that Bitcoin is not a reliable hedge against stock market instability. If gold keeps rising while Bitcoin struggles, he believes many investors will turn away from Bitcoin in favor of gold.

席夫仍然堅信比特幣並不是針對股票市場不穩定的可靠對沖。如果黃金在比特幣掙扎時不斷上升，他認為許多投資者將遠離比特幣而轉向黃金。

He also warns that major institutional investors—including governments, ETFs, and companies like Strategy — may start reducing their Bitcoin holdings if its price continues to drop.

他還警告說，如果價格繼續下跌，包括政府，ETF和戰略等公司，包括政府，ETF和諸如戰略之類的公司，可能會開始降低其比特幣持有量。

In conclusion, Schiff maintains that Bitcoin is headed for a major crash, while gold is poised for surge. While the crypto market has defied pessimistic predictions before, Schiff remains firm in his belief that gold will outperform Bitcoin in the long run.

總而言之，希夫堅持認為比特幣正前往重大崩潰，而黃金則有望激增。儘管加密貨幣市場以前違反了悲觀的預測，但席夫仍然堅信，從長遠來看，黃金將優於比特幣。

Notably, in 2024, the gold market recorded a growth of just 27.21%, while the BTC market registered a rise of at least 121.28%.

值得注意的是，在2024年，黃金市場的增長僅為27.21％，而BTC市場的增長至少增長121.28％。

History favors gold, but Bitcoin has rewritten the rules before. This showdown isn’t ending anytime soon.

歷史有利於黃金，但比特幣以前重寫了規則。這次攤牌不會很快結束。