Well-known Bitcoin critic and economist Peter Schiff posted on X on November 14 that Bitcoin’s decline is accelerating and that once it falls below $50,000, it could soon drop below the 2022 bear market low of $16,500. Schiff wrote in the post: "The Bitcoin collapse is gathering steam. I expect the momentum to pick up once Bitcoin breaks $50K." (Translation: Bitcoin’s collapse is accelerating. I expect the momentum to pick up further once it falls below $50,000.) He also said that if this scenario unfolds, it would be a devastating blow to Strategy, which holds a large amount of Bitcoin. At the time of publication, Bitcoin was trading at around $67,200. As of November 8, Strategy held 850,364 bitcoins at an average cost of around $75,500. Source: Peter Schiff X / Crypto Dunia, November 14, 2026. $BTC $ETH