Key Takeaways
Peter Schiff dismissed claims that Bitcoin’s price is forming a bottom.
Despite falling far short of its August year-end target, VanEck maintains that Bitcoin’s underperformance is temporary.
Precious metals have surged to new highs while Bitcoin’s technical structure remains weak.
Bitcoin’s price drifted lower again ahead of Christmas as outspoken critic Peter Schiff renewed his attack on the BTC, warning that prices are likely headed for another sharp decline.

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