๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ฐ๐ต๐ผ๐ฒ๐ ๐๐ต๐ฒ ๐ญ๐ต๐ณ๐ฌ๐ ๐ฆ๐ผ๐๐ฏ๐ฒ๐ฎ๐ป ๐๐๐ฏ๐ฏ๐น๐ฒ โ ๐ฃ๐ฒ๐๐ฒ๐ฟ ๐๐ฟ๐ฎ๐ป๐ฑ๐ ๐ฅ๐ฎ๐ถ๐๐ฒ๐ ๐๐น๐ฎ๐ฟ๐บ
Legendary trader Peter Brandt has drawn a bold comparison โ saying Bitcoinโs chart is mimicking the 1970s soybean bubble, a pattern that ended with a 50% crash.
He points to a broadening top formation, where volatility widens and direction weakens โ a technical echo of market exhaustion. If history repeats, BTC could revisit the $60,000 zone, but Brandt stresses itโs a potential setup, not destiny.
โก๏ธ What This Means for Traders:
This is where patience and discipline matter most. In such structures, both bulls and bears get trapped. Professionals manage exposure โ not emotions.
โก๏ธ Psychological Layer:
Fear will make traders chase false breaks. But the real pros wait for confirmation โ structure first, entry next.
โก๏ธ Broader Signal:
If the pattern breaks down, we could see a deep correction. If it breaks up, it could trigger a major disbelief rally. Either way, volatility is the next guest โ and it doesnโt knock before entering.
The market doesnโt care about headlines; it listens only to structure.
How well you listen defines how well you trade.
