Prominent Bitcoin critic Peter Schiff has pointed out that the premier cryptocurrency is on track to post back-to-back calendar-year losses for the first time in its history. If the situation persists and bulls are unable to stage a quick recovery, the digital currency could see a major price decline the following year as well.
Schiff tweeted :
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Schiff noted that Bitcoin had never posted consecutive calendar-year declines in its roughly 18-year history. The digital asset posted a 6.34% price decrease in 2025, and it is already down 16.5% based on the latest spot price. He warned investors to be wary of this trend-defying move, which could result in major losses in 2027 as well.
While Schiff is known for criticizing digital currency only when it is on a downturn, the statistics he presented are accurate. Bitcoin closed 2025 lower by about 6.3% to 6.4%, ending near $87,500 after starting the year around $93,400–$93,500. It recorded a new all-time high (ATH) of $127.5k in October 2025, but failed to hold those gains by the end of December.
As of 2026, the cryptocurrency started the year around the $86k price level and is currently changing hands around $73k, representing a loss of more than 16%. It is highly likely that the digital currency won’t experience a price rebound in the last 6 weeks of the year, and it will make it two out of two for bearish years.
Is Peter Schiff’s Prediction Worth Worrying Over?
Historically, Bitcoin’s loss-reporting calendar years have been solo occurrences. In most instances when the premier digital currency witnesses a major contraction, like that in the years 2014 (roughly –56% to –58%), 2018 (around –73% to –74%), and 2022 (about –64%), it has followed it up with major gains in 2015, 2019, and 2023, respectively.
As a result, most years have been positive. If Bitcoin has had a hiccup, it has immediately followed it with a strong performance, which we are not seeing in 2026 or in the bearish end of 2025. However, 2025 was barely a downward trend, with a small 6.5% net price decrease. It can be considered a net price-neutral performance, which would make 2026 the year of a major price pullback and 2027 the year of a significant turnaround for the bulls.
Schiff has long argued that Bitcoin and other digital currencies have no intrinsic value and are not a store of value like Gold, which he promotes endlessly.
Lately, Schiff has faced criticism for focusing only on Bitcoin when it is under pressure, not when it is posting a strong recovery, as it did, rising from around $57k earlier this year to $86k just a few weeks ago.
Twitterati responded by bringing out his previous tweets in which he said that BTC wasn’t worth buying :
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