<ul><li>Bitcoin could be heading deeper into a bear market, according to Peter Schiff.</li><li>Schiff pointed out that BTC has lost about 30% of its value when priced in gold since reaching its ATH in November 2021.</li><li>Recent data shows that some of MicroStrategy's latest BTC acquisitions are currently underwater.</li><li>Schiff's criticism reignites the debate over Bitcoin's role as 'digital gold' and its long-term viability.</li></ul>

Is Bitcoin entering a major bear market? Peter Schiff thinks so

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