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Gold Bull Peter Schiff Raises Red Flag For BTC Rally: ‘If I Was Long Bitcoin, I Would Be Worried About This Divergence’

Bitcoin‘s (CRYPTO: BTC) recent surge since late January has sparked concerns among crypto investors about a potential correction. In this context, economist Peter Schiff highlighted a potential red flag on Monday: the underperformance of bitcoin mining stocks compared to the strong performance of Bitcoin itself. What Happened: Schiff pointed out the ongoing weakness of bitcoin mining stocks. “They are getting killed even as Bitcoin is up big and other Bitcoin-related stocks are hitting record highs,” he said. “If I was long Bitcoin I would be worried about this divergence. It could be a sign o…

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