‘Bitcoin Is Going To Die’, Oscar-Nominated Actor Declares, But Silver Will Reach ‘Thousands Of Dollars’

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Oscar-nominated actor Terrence Howard declared Bitcoin is “going to die” on the PBD Podcast, while predicting silver will reach “thousands of dollars” as the gold-to-silver ratio collapses from 80:1 toward 13:1.

Howard cited Bitcoin’s continued dependence on fiat currency as a fatal flaw.

“Bitcoin is still based on fiat,” Howard said, arguing that as the U.S. dollar weakens, any asset tethered to its value framework remains exposed.

“Nobody wants their money in something that can be wiped out with a push of a button somewhere,” Howard said.

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He holds less than 1% of his portfolio in Bitcoin and frames that as a ceiling, not a floor.

Howard’s framework positions dollar collapse leading to metals surge and crypto irrelevance.

This puts him squarely against the Bitcoin-as-digital-gold crowd at a moment when both assets compete for the same safe-haven flows.

Howard is firmly in the precious metals camp with silver as his highest-conviction call. He sees the gold-to-silver ratio collapsing from roughly 80:1 toward 13:1, implying a potential multi-hundred percent move.

Gold has broken records, and Howard argues it still belongs at $5,000 or higher after years of artificial suppression.

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He points to JPMorgan paying $920 million in fines for silver market manipulation as proof suppression is ending.

China is hoarding silver while the COMEX sits near empty. Silver is essential for EVs, solar panels, and semiconductors. “Silver has the potential to go up to being worth thousands of dollars,” Howard said.

Howard’s metals trade rests on a collapsing dollar narrative. He notes 25 countries have joined BRICS, Saudi Arabia has moved away from dollar-denominated oil sales, and the U.S. has lost 9% purchasing power in 12 months.

“The U.S. dollar is done,” Howard said flatly. This dollar collapse thesis drives his entire investment framework favoring precious metals over digital assets.

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Bitcoin is up 2% today, after a sharp rally from $65,800 lows on March 8, forming a rising channel on the 30-minute chart.

Price has pulled back to retest the $69,700-$70,000 zone, which aligns with the Supertrend support at $69,717.

The demand block around $69,000-$69,500 is the next meaningful floor if this level gives way.

RSI at 46.30 has cooled significantly from overbought levels while the signal line holds higher at 60.59.

Holding $69,700 and reclaiming $70,500 keeps the path open toward the channel’s upper boundary near $72,000-$73,000.

A break below the rising channel’s lower boundary near $69,200 flips near-term structure bearish targeting $67,400.

Image: Shutterstock

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