Peter Schiff Predicts More Losses for Bitcoin as BTC Goes Below 2021 High

  • Peter Schiff has declared Bitcoin (BTC) is in a long-term bear market after it dipped to $68,000, below where it traded in November 2021.
  • But he was countered by some supporters of the OG cryptocurrency, who said that comparing old peaks with later lows proves little.
  • A Pointed Question for 2021 BTC Buyers In a post on X today, Schiff asked Bitcoin investors to consider how they would have reacted five years ago if someone told them the asset would eventually trade below its November…