Has Bitcoin entered a prolonged bear market? Peter Schiff slams BTC price drop as gold climbs back above ,000

Has Bitcoin entered a prolonged bear market? Peter Schiff slams BTC price drop as gold climbs back above $5,000

Key takeaways Schiff maintains that Bitcoin is in a long-term bear market when trading in gold. Gold’s rally above $5,000 has reinforced the narrative shift towards real assets. Schiff also criticized US political support for cryptocurrencies. Peter Schiff has renewed the debate over whether Bitcoin has entered a prolonged bear market with gold prices, as…

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