Schiff Predicts 92% Bitcoin Price Decline by End of 2026

Renowned Bitcoin critic Peter Schiff has made another bold prediction about the cryptocurrency's price performance, this time claiming it could fall by as much as 92% by the end of 2026.

In a recent statement, Schiff took aim at Strategy, led by Michael Saylor, which has seen significant losses in Q1 2026 due to a decline in Bitcoin's value. According to reports, Strategy recorded unrealized losses of $14.5 billion in the first quarter, with the firm's shares also experiencing a 16% drop.

Despite these losses, Strategy did not abandon its Bitcoin holdings entirely, making 12 purchases in three months totalling 89,602 BTC. At press time, the firm's total Bitcoin stash stood at 766,970 BTC worth $55 billion.