๐จ๐ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐ซ๐๐ฌ๐ก ๐๐ฅ๐๐ซ๐ญ? ๐๐๐ญ๐๐ซ ๐๐ซ๐๐ง๐๐ญ ๐๐๐๐ฌ ๐๐ฬ๐ฃ๐ฬ ๐๐ฎ โ ๐๐% ๐๐จ๐ซ๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฌ๐ฌ๐ข๐๐ฅ๐
Wall Street veteran Peter Brandt, who famously predicted the S&P 500 rally, just issued a major red flag for Bitcoin โ warning that it may be on track for a 75% crash.
๐ In a recent X post, Brandt compared Bitcoinโs current chart to its 2011โ2022 pattern, suggesting the top crypto might be repeating a past cycle that ended in a huge drop.
He believes Bitcoin is suffering from "exponential delay" โ where each bull cycle loses momentum. Brandt claims that 80% of the explosive energy from previous cycles has faded.
๐ This warning comes just weeks after BTC hit a new all-time high of $111,970 on May 22. At the time of writing, BTC is still strong at $108,577, down only ~3% from its ATH.
Yet Brandt isnโt backing down, even as many in the crypto community dismiss his call. He says fundamentals can't always protect against technical patterns.
โ Even with big news like Trumpโs Bitcoin reserve plan and lawsuits being dropped against major exchanges, Brandt urges caution: the charts may still be signaling serious downside ahead.
Will history repeat, or is this time different?
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