Bloomberg Finance Expert Predicts Bitcoin's 'Good News' Era to End in 2026

Friday, Jan 2, 2026 9:31 pm ET1min read
BTC--

Peter Schiff, a finance expert with experience at Bloomberg, predicts that the "good news" era for Bitcoin is over in 2026. He argues that the cryptocurrency underperformed in 2025 despite positive narratives, and its fall was a sign of an impending unwind. Schiff points to ETF performance and the leveraged Bitcoin proxy Strategy, which finished 2025 at a new 52-week low and was down 47.5% on the year. He believes that the market has already priced in the good news and that Bitcoin can only go down from here.

Bloomberg Finance Expert Predicts Bitcoin's 'Good News' Era to End in 2026

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