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The collapse of the equivalent Bitcoin path increases the likelihood of an 80% correction: an experienced trader.
#البيتكوين is under renewed pressure, as veteran trader Peter Brandt warns that Bitcoin may have broken its equivalent trendline — a signal that in previous bull markets preceded sharp corrections. While the situation appears bearish, the current cycle also shows significant structural differences.
The collapse of the #Bitcoin equivalent path increases the probability of an 80% decline
Brandt pointed out that previous Bitcoin bull cycles were followed by equivalent rallies that ended in failure, leading to prolonged declines. Historically, these corrections approached 80% of the cycle’s highs but did not exceed them. The current #BTC path has already broken, with the price dropping about 20% from its all-time high.
This does not guarantee an immediate crash, but it places Bitcoin in a zone where downturn volatility has historically increased, especially under tighter global financial conditions. If history repeats itself, an 80% correction could signal a return to around $25,000 in the coming months.
Macroeconomic pressures are exacerbating the technical breakdown.
$BTC
$ETH
$XRP