Bitcoin Faces Uncertain Future: Schiff Warns of Collapse, Market Shows Signs of Breakout

Despite growing use in international settlements and trade, Bitcoin faces a bearish outlook as economist Peter Schiff warns of its impending collapse. While the asset rebounded from sub-$75K lows triggered by easing U.S. tariff pressures, technical indicators remain mixed, raising questions about its future trajectory. Analysts point to signs of potential breakout despite persistent bearish signals, indicating an uncertain direction for the asset.