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Bitcoin to Witness First Back-to-Back Annual Losses as 2027 Could Spell More Trouble: Peter Schiff

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Prominent Bitcoin critic Peter Schiff has identified that the premier cryptocurrency is on monitor to put up back-to-back calendar-year losses for the primary time in its historical past. If the state of affairs persists and bulls are unable to stage a fast restoration, the digital forex might see a serious value decline the next yr as effectively.

Schiff tweeted:

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Schiff famous that Bitcoin had by no means posted consecutive calendar-year declines in its roughly 18-year historical past. The digital asset posted a 6.34% value lower in 2025, and it’s already down 16.5% based mostly on the most recent spot value. He warned buyers to be cautious of this trend-defying transfer, which might lead to main losses in 2027 as effectively. 

While Schiff is thought for criticizing digital forex solely when it’s on a downturn, the statistics he introduced are correct. Bitcoin closed 2025 decrease by about 6.3% to six.4%, ending close to $87,500 after beginning the yr round $93,400–$93,500. It recorded a brand new all-time excessive (ATH) of $127.5k in October 2025, however failed to carry these positive factors by the tip of December.

As of 2026, the cryptocurrency began the yr across the $86k value degree and is at present altering arms round $73k, representing a lack of greater than 16%. It is very doubtless that the digital forex gained’t expertise a value rebound within the final 6 weeks of the yr, and it’ll make it two out of two for bearish years. 

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Is Peter Schiff’s Prediction Worth Worrying Over?

Historically, Bitcoin’s loss-reporting calendar years have been solo occurrences. In most cases when the premier digital forex witnesses a serious contraction, like that within the years 2014 (roughly –56% to –58%), 2018 (round –73% to –74%), and 2022 (about –64%), it has adopted it up with main positive factors in 2015, 2019, and 2023, respectively. 

As a end result, most years have been constructive. If Bitcoin has had a hiccup, it has instantly adopted it with a powerful efficiency, which we’re not seeing in 2026 or within the bearish finish of 2025. However, 2025 was barely a downward pattern, with a small 6.5% web value lower. It might be thought of a web price-neutral efficiency, which might make 2026 the yr of a serious value pullback and 2027 the yr of a major turnaround for the bulls.

Schiff has lengthy argued that Bitcoin and different digital currencies don’t have any intrinsic worth and are usually not a retailer of worth like Gold, which he promotes endlessly. 

Lately, Schiff has confronted criticism for focusing solely on Bitcoin when it’s underneath strain, not when it’s posting a powerful restoration, because it did, rising from round $57k earlier this yr to $86k just some weeks in the past.

Twitterati responded by bringing out his earlier tweets during which he stated that BTC wasn’t price shopping for:

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Content Source: zycrypto.com

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