Bitcoin’s $50K Descent: Turgenev’s Cryptic Warning!

by

Behold, the venerable trader, whose prophetic insights have long been revered by the crypto faithful, now casts a shadow over the digital realm, declaring that the mighty Bitcoin may yet face one final plunge before ascending to its former glory of $126,198. A tale as old as time, yet ever the source of fervent speculation. 📉💸

Investors, ever the curious creatures, now ponder: “How low shall Bitcoin descend in this final descent?” A question as timeless as the tides, yet fraught with peril for the unprepared. 🤔

Brandt Warns of One Last Correction

The sage, with a furrowed brow, explains that Bitcoin, though still dancing to its parabolic tune, may yet witness a tempest before the calm. Should this occur, BTC might briefly flirt with the $50,000-$60,000 zone, a mere hiccup in the grand tapestry of market whims. 🌪️

He notes that the last cycle’s low was etched into the calendar on November 9, 2022, a date that, when projected forward, hints at a potential peak in October 2025-a cycle as predictable as the stars, or so the optimists claim. 🌟

Yet, Brandt cautions, the market may yet throw a curveball, though he assures us that 80% crashes are now as likely as a snowstorm in July. A testament to the maturation of this digital frontier. 🧠

Bull Run To Peak In Next 10 Days

Supporting this view, the enigmatic trader CryptoBirb declares that the current rally is 99.3% complete, leaving but 10 days for the final act. A countdown that would make even the most stoic investor nervous. ⏳

Technical indicators, those fickle courtiers of the market, suggest a reset of emotions, with the Fear & Greed Index descending from 71 to 38, and RSI cooling to 45. A sign that the market is preparing for its grand finale. 🎭

As October 24th looms, traders are urged to brace for volatility that would make a rollercoaster seem tame. A thrilling ride, if you dare. 🎢

Fed Policy Could Spark the Next Bitcoin Rally

Despite the tremors, the true saga lies in the U.S. Federal Reserve’s machinations. Arthur Hayes, the sly co-founder of BitMEX, whispers that Chairman Powell may soon relent, allowing liquidity to flood the markets like a long-awaited spring. 🌱

Thus, the call to action: “Back up the truck and buy everything.” A command as timeless as the markets themselves. 🚜

Currently, BTC hovers near $112,370, a modest rise in the last 24 hours, with a market cap of $2.24 trillion-a number that would make even the most jaded investor blink. 🤯

Read More

2025-10-15 11:18