Is Bitcoin Headed for a 75% Crash? Brandt Thinks It Might Be Déjà Vu!

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Ah, Peter Brandt, ever the harbinger of doom and gloom, has once again graced us with his market musings, this time with a particularly ominous question hanging in the air: is Bitcoin on the verge of a 75% correction? As if we haven’t been through enough déjà vu already… 🍿

Brandt, ever the meticulous chart-enthusiast, presented his work of art: a tapestry of Bitcoin’s price action, past and present. And what does he see? Patterns, glorious patterns! He draws eerie parallels between Bitcoin’s current behavior and those of yore. Behold the “Bump,” “Dump,” and “Thump”—sounds like the soundtrack to a market tragedy, doesn’t it? 🎭

And what’s this? A “Double top” formation, which we all know too well as the classic herald of doom—the bearish reversal pattern. Of course, it’s all for good fun… until it’s not.

Bitcoin Chart - A Cautionary Tale

Now, the pièce de résistance of Brandt’s hypothesis: is Bitcoin merely playing out a rerun of its 2022 performance? Could it be that history is not just repeating itself, but mocking us with its repetition? 📉

If the answer is a resounding “Yes,” brace yourselves, dear investors, for a potential 75% plunge in the price of BTC. You may want to put your seatbelt on and check your portfolios twice—things could get bumpy. After all, it never hurts to ask, right? But just in case, maybe don’t go all-in on Bitcoin just yet. 💸

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2025-06-11 07:21