Does Bitcoin enter a large bear market? Peter Schiff thinks that.

Does Bitcoin enter a large bear market? Peter Schiff thinks that.

• ship pointed out that BTC has lost about 30 % of its value in the gold price since his ATH.
• He emphasized that this decline is done despite a wave of positive messages for the cryptocurrency sector.
• Ships criticism coincides with current data that show that some of the latest BTC acquisitions of Microstrategy are currently in the red.

Bitcoin, according to the well-known gold supporter and Bitcoin critic Peter Schiff, could control more deeper into a bear market.

ship argued that Bitcoin's performance was disappointing, especially in comparison to gold, even after several important developments, many of which had assumed that they would increase its value.

His latest statements have rekindled the debate about Bitcoin's role as "digital gold" and its long-term livelihood as a recipient.

In A current post on X (formerly Twitter) pointed out that Bitcoin has lost about 30 % of its value at gold price since his all -time high in November 2021.

He emphasized that this decline takes place despite a wave of positive messages for the cryptocurrency sector, including the introduction of several Bitcoin ETFs, massive Bitcoin purchases by Microstrategy, the choice of the first Pro-Bitcoin president and the creation of one Bitcoin strategic reserve.

"Since its maximum price in November 2021, Bitcoin has lost 30 % of its value in the gold price despite all the ETFs, massive purchases by $ MSTR, the election of the first Bitcoin president and the creation of a bitcoin strategic reserve," said Schiff.

Schiff's criticism coincides with current data that show that some of the latest Bitcoin acquisitions of Microstrategy are currently in the minus.

According to the Saylort tracker, the company's Bitcoin purchases, which were made on February 10, February 24, March 24 and March 31, 2025, all losses between 2.2 % and 15.44 %.

Only the purchase of 130 BTC on March 17th shows a slight profit of 0.43 %.

This financial reality in question that Bitcoin is reliable protection against inflation or market stability, a narrative that is often compared with the traditional role of gold.

ship has long argued that Bitcoin does not have the inner value and the historical stability that make gold into a trustworthy value.

While Bitcoin continues to act by $ 68,000, his volatility and relatively poor performance have raised questions among investors compared to gold.

some market analysts believe that the correlation of Bitcoin with risk systems instead of behaving during market riots such as gold could endanger its status as "safe port".

In order to reinforce the uncertainty, broader macroeconomic factors such as increasing trade conflicts, fluctuating interest rates and global financial instability have created a challenging environment for cryptocurrencies.

These print factors could continue to burden the Bitcoin price in the near future.

Nevertheless, not everyone agrees with ship's bearish view. Many Bitcoin advocates argue that ongoing institutional acceptance and regulatory clarity could ultimately lead to higher prices.

You see the limited supply of Bitcoin and the growing global interest as strong fundamental data that could drive future growth.

The article enters Bitcoin a large bear market? Peter Schiff thinks that this is the case first appeared on Coinjournal.