{"id":50573,"date":"2025-04-11T17:59:32","date_gmt":"2025-04-11T17:59:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/"},"modified":"2025-04-11T17:59:32","modified_gmt":"2025-04-11T17:59:32","slug":"is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/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":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\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&rsquo;s criticism coincides with recent data showing that some of MicroStrategy&rsquo;s 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&rsquo;s 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&rsquo;s role as &ldquo;digital gold&rdquo; 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_&amp;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\">&ldquo;Since 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,&rdquo; Schiff stated.<\/p>\n<p data-start=\"1145\" data-end=\"1404\"><\/p>\n<p class=\"\" data-start=\"1406\" data-end=\"1789\">Schiff&rsquo;s criticism coincides with recent data showing that some of MicroStrategy&rsquo;s latest Bitcoin acquisitions are currently underwater.<\/p>\n<p class=\"\" data-start=\"1406\" data-end=\"1789\">According to Saylortracker, the company&rsquo;s 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&rsquo;s 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&rsquo;s correlation with risk assets, rather than behaving like gold during market turmoil, could undermine its &ldquo;safe haven&rdquo; 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&rsquo;s price in the near term.<\/p>\n<p class=\"\" data-start=\"2711\" data-end=\"3017\">Still, not everyone agrees with Schiff&rsquo;s 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&rsquo;s limited supply and growing global interest as strong fundamentals that could drive future growth.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/\">Is Bitcoin entering a major bear market? Peter Schiff thinks so<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/is-bitcoin-entering-a-major-bear-market-peter-schiff-thinks-so\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 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&rsquo;s criticism [&hellip;]<\/p>\n","protected":false},"author":3947362382,"featured_media":50574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50573"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362382"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50573"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50574"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}