{"id":840693,"date":"2025-04-12T08:11:46","date_gmt":"2025-04-12T13:11:46","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/12\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/"},"modified":"2025-04-12T08:11:46","modified_gmt":"2025-04-12T13:11:46","slug":"is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/12\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/","title":{"rendered":"Is Bitcoin entering a major bear market? Peter Schiff thinks so"},"content":{"rendered":"<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/03\/shutterstock_1978798856.jpg\" alt=\"Buy the dip\" width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<ul>\n<li data-start=\"222\" data-end=\"675\">Schiff pointed out that BTC has lost about 30% of its value when priced in gold since reaching its ATH in November 2021.<\/li>\n<li data-start=\"222\" data-end=\"675\">He emphasized that this decline comes despite a wave of positive news for the cryptocurrency sector.<\/li>\n<li data-start=\"222\" data-end=\"675\">Schiff\u2019s criticism coincides with recent data showing that some of MicroStrategy\u2019s latest BTC acquisitions are currently underwater.<\/li>\n<\/ul>\n<p class data-start=\"222\" data-end=\"675\">Bitcoin could be heading deeper into a bear market, according to well-known gold advocate and Bitcoin critic Peter Schiff.<\/p>\n<p class data-start=\"222\" data-end=\"675\">Schiff argued that Bitcoin\u2019s performance has been disappointing, especially when compared to gold, even after several major developments that many believed would boost its value.<\/p>\n<p class data-start=\"222\" data-end=\"675\">His latest remarks have reignited the debate over Bitcoin\u2019s role as \u201cdigital gold\u201d and its long-term viability as a store of value.<\/p>\n<p class data-start=\"677\" data-end=\"1143\"><a href=\"https:\/\/x.com\/PeterSchiff\/status\/1910671743657582910?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1910671743657582910%7Ctwgr%5E6e2b37d4fb8ce6273815fa35744a260462397606%7Ctwcon%5Es1_&#038;ref_url=https%3A%2F%2Fcoingape.com%2Fpeter-schiff-claims-bitcoin-is-in-a-major-bear-market-heres-why%2F\">In a recent post on X<\/a> (formerly Twitter), Schiff pointed out that Bitcoin has lost about 30% of its value when priced in gold since reaching its all-time high in November 2021.<\/p>\n<p class data-start=\"677\" data-end=\"1143\">He emphasized that this decline comes despite a <a href=\"https:\/\/coinjournal.net\/news\/trumps-tariffs-trigger-326m-bitcoin-etf-sell-off\/\">wave of positive news for the cryptocurrency sector<\/a>, including the launch of multiple Bitcoin ETFs, massive Bitcoin purchases by MicroStrategy, the election of the first pro-Bitcoin president, and the creation of a Bitcoin Strategic Reserve.<\/p>\n<p class data-start=\"1145\" data-end=\"1404\">\u201cSince its peak price in November of 2021, despite all the ETFs, massive leveraged buying by $MSTR, the election of the first Bitcoin president, and the creation of a Bitcoin Strategic Reserve, Bitcoin has lost 30% of its value priced in gold,\u201d Schiff stated.<\/p>\n<p data-start=\"1145\" data-end=\"1404\"><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/04\/Peter-Schiff.jpg\" alt width=\"801\" height=\"301\"><\/p>\n<p class data-start=\"1406\" data-end=\"1789\">Schiff\u2019s criticism coincides with recent data showing that some of MicroStrategy\u2019s latest Bitcoin acquisitions are currently underwater.<\/p>\n<p class data-start=\"1406\" data-end=\"1789\">According to Saylortracker, the company\u2019s Bitcoin purchases made on February 10, February 24, March 24, and March 31 of 2025 are all recording losses ranging from 2.2% to 15.44%.<\/p>\n<p class data-start=\"1406\" data-end=\"1789\">Only the March 17 purchase of 130 BTC shows a slight gain of 0.43%.<\/p>\n<p class data-start=\"1791\" data-end=\"2105\">This financial reality challenges the idea that Bitcoin is a reliable hedge against inflation or market instability, a narrative that has often been compared to gold\u2019s traditional role.<\/p>\n<p class data-start=\"1791\" data-end=\"2105\">Schiff has long argued that Bitcoin lacks the intrinsic value and historical stability that make gold a trusted store of wealth.<\/p>\n<p class data-start=\"2107\" data-end=\"2423\">While Bitcoin continues to trade around $68,000, its volatility and relatively poor performance against gold have raised questions among investors.<\/p>\n<p class data-start=\"2107\" data-end=\"2423\">Some market analysts believe that Bitcoin\u2019s correlation with risk assets, rather than behaving like gold during market turmoil, could undermine its \u201csafe haven\u201d status.<\/p>\n<p class data-start=\"2425\" data-end=\"2709\">Adding to the uncertainty, broader macroeconomic factors, such as rising trade tensions, fluctuating interest rates, and global financial instability, have created a challenging environment for cryptocurrencies.<\/p>\n<p class data-start=\"2425\" data-end=\"2709\">These pressures may continue to weigh on Bitcoin\u2019s price in the near term.<\/p>\n<p class data-start=\"2711\" data-end=\"3017\">Still, not everyone agrees with Schiff\u2019s bearish outlook. Many Bitcoin advocates argue that the ongoing institutional adoption and regulatory clarity could eventually lead to higher prices.<\/p>\n<p class data-start=\"2711\" data-end=\"3017\">They see Bitcoin\u2019s limited supply and growing global interest as strong fundamentals that could drive future growth.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Srinibas Rout<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schiff pointed out that BTC has lost about 30% of its value when priced in gold since reaching its ATH in November 2021. He emphasized that this decline comes despite a wave of positive news for the cryptocurrency sector. Schiff\u2019s criticism coincides with recent data showing that some of MicroStrategy\u2019s latest BTC acquisitions are currently<\/p>\n","protected":false},"author":1,"featured_media":840694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,28346],"tags":[],"class_list":["post-840693","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-entering"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/840693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=840693"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/840693\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/840694"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=840693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=840693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=840693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}