#GT #BTC #XRP #ETH #DOGE Peter Schiff, the veteran critic of Bitcoin, once again issued a grim statement for all Bitcoin holders: "Bitcoin was born from the financial crisis of 2008. Ironically, the financial crisis of 2025 will destroy it."

In addition to addressing the foundations of Bitcoin's existence, this statement provides a grim prediction for its future. The systemic flaws revealed during the financial crisis of 2008 served as a direct inspiration for the creation of Bitcoin in 2009. The Bitcoin white paper, which introduced a decentralized peer-to-peer coin resistant to central manipulation, was published in response to the failures of major banks and the public's loss of trust in traditional finance. In this way, Bitcoin represented a protest against the flaws of fiat currency systems. In 2025, economic shocks will once again impact global markets. There are fears of an international financial crisis once more due to fluctuations in interest rates, exacerbating credit requirements and geopolitical disruptions.
Chef claims that this situation will be a turning point for Bitcoin, not a testing ground for it. He makes a clear argument that investors will turn to traditional safe havens like gold and cash, rather than volatile cryptocurrencies, during times of stress. While Chef's logic is sound from a traditional economic perspective, it is essential to remember that Bitcoin has survived several financial disruptions over the past decade, evolving into a valuable asset and technological advancement.
Regulatory frameworks may provide a stronger foundation for institutional adoption and increasing use cases than previous corrections. Technically, Bitcoin has recovered from its recent lows and is now trading near $82,000. With strong buying volume and the Relative Strength Index (RSI) shifting towards the neutral zone, momentum is increasing.
But if market confidence does not improve, this rise may be limited by an upper resistance level near the 100-day and 200-day moving averages at $85,000 and $87,800. It is unclear whether Bitcoin will be a victim or a hero of the 2025 crisis. However, there is no doubt that it is facing one of the most important tests of its life.