Bitcoin (CRYPTO: BTC) is on pace for its first back-to-back annual loss in 18 years of trading history, according to critic Peter Schiff, who on Tuesday called the pattern "a break from precedent investors ignore at their peril." Bitcoin's Two Straight Down Years Would Be a First Schiff said that Bitcoin has never fallen two calendar years in a row since its creation, yet it dropped 6.34% last year and sits down 16.5% so far in 2026.