Michael Burry, known for predicting the 2008 housing crash and featured in the movie ‘The Big Short’, has reiterated his skepticism towards Bitcoin, labeling its recent surge as a speculative bubble. Peter Schiff, a long-time critic of Bitcoin, echoed Burry’s sentiment, claiming the cryptocurrency lacks legitimacy and will ultimately fail. While these prominent voices remain highly critical, technical analysis suggests Bitcoin is showing signs of strength. Technical analyst Valdrin Tahiri noted that recent candlesticks indicate potential for upward momentum, pointing to key resistance levels that could propel the price higher. Tahiri cautions, however, that Bitcoin’s short-term structure remains a cause for concern, with an ascending parallel channel potentially leading to a price reversal.