Bitcoin Climbs to Record High, but Peter Schiff Warns Peak May Have Been Reached

Bitcoin’s price surged past $124,000 before retracing, sparking debate about the asset’s future. Financial expert and outspoken critic Peter Schiff warns that the rally may already be reaching its peak. His prediction is based on historical data showing a pattern of Bitcoin’s significant dips after explosive rallies during Q4 cycles. While some believe this year’s momentum could lead to further growth, Schiff believes past trends suggest a reversal is imminent.