{"id":5226,"date":"2025-06-12T05:00:29","date_gmt":"2025-06-12T05:00:29","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/is-bitcoin-headed-for-a-meltdown-veteran-trader-sees-75-crash-ahead\/"},"modified":"2025-06-12T05:00:29","modified_gmt":"2025-06-12T05:00:29","slug":"is-bitcoin-headed-for-a-meltdown-veteran-trader-sees-75-crash-ahead","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/is-bitcoin-headed-for-a-meltdown-veteran-trader-sees-75-crash-ahead\/","title":{"rendered":"Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead"},"content":{"rendered":"<p>Bitcoin\u2019s recent price surge hasn\u2019t stopped warnings of a steep drop. After rising 1.87% in 24 hours and 3.61% over the past week, Bitcoin trades near $109,192. According to Peter Brandt, a veteran trader, these gains could be setting up the biggest crash in years.<\/p>\n<h2><strong>Crash Scenario Outlined<\/strong><\/h2>\n<p>According to Brandt\u2019s analysis, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" rel=\"nofollow noopener\" target=\"_blank\">Bitcoin<\/a> could plunge by as much as 75%. If that happens, today\u2019s $109,800 price would fall to roughly $27,290. That level takes us back to the lows of early 2023. It would wipe out a huge chunk of value, reversing more than two years of gains. Few investors have models ready for such a steep slide.<\/p>\n<h2><strong>Historical Parallels With 2022<\/strong><\/h2>\n<p>Based on reports, Brandt sees a replay of the 2022 chart. Back then, Bitcoin hit tops of $65K in April 2021 and $69K in November 2021. It then fell sharply into the bear market, losing more than half its value.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Is Bitcoin <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$BTC<\/a> following its 2022 script and setting up for a 75% correction? Doesn&#8217;t hurt to ask this, does it? <a href=\"https:\/\/t.co\/BAywkhSwgy\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/BAywkhSwgy<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1932391437636641256?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">June 10, 2025<\/a><\/p>\n<\/blockquote>\n<p>This time around, the world&#8217;s top crypto formed highs above $108,000 in December 2024 and January 2025, then dropped under $100,000. After recovering near $112,000 last month, BTC may be gearing up for a similar breakdown.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-769645\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/A_88092d.png?resize=443%2C542\" alt=\"\" width=\"443\" height=\"542\" \/><\/p>\n<p><strong>Trigger Points To Watch<\/strong><\/p>\n<p>Key technical markers are flashing red. The 9-period EMA has just crossed below the 21-period EMA on the daily chart. In past sell-offs, that crossover marked the start of big downtrends.<\/p>\n<p>Traders will want to see if Bitcoin closes below both EMAs for a week or more. A failure to reclaim the $108,000 level could be the final trigger before panic sets in.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/QG0C7ql5\/\" width=\"1835\" height=\"884\" \/><br \/>\n<strong>Market Reactions And Risks<\/strong><\/p>\n<p>Derivatives data is mixed but leans bearish. Trading volume jumped almost 30% to $100 billion, while open interest rose 1%. On Binance and OKX, the long\/short ratios sit at about 0.5501 and 0.53, showing more shorts than longs.<\/p>\n<p>When too many people bet on a drop, a squeeze can follow\u2014if the crash doesn\u2019t start soon. Still, the current crowding could backfire if Bitcoin holds above support.<\/p>\n<p>Funds tied to Bitcoin have seen nearly $57 million in outflows over the past week. That may sound big, but it\u2019s under 0.2% of the roughly $50 billion assets under management.<\/p>\n<p>By contrast, <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\" rel=\"nofollow noopener\" target=\"_blank\">Ethereum<\/a> products attracted $295 million. So while some money is leaving Bitcoin, it\u2019s shifting around inside crypto rather than fleeing entirely.<\/p>\n<p>For now, Bitcoin sits at a crossroads. Will it break support and roll over toward the mid-$20,000s? Or will it shake off warnings and press higher? Either way, traders need to watch the $108,000 zone closely.<\/p>\n<p>According to Brandt, a 75% drop could catch unprepared investors off guard. Managing risk and keeping orders tight seems more critical now than ever.<\/p>\n<p><em>Featured image from Pixabay, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s recent price surge hasn\u2019t stopped warnings of a steep drop. After rising 1.87% in 24 hours and 3.61% over the past week, Bitcoin trades near $109,192. According to Peter Brandt, a veteran trader, these gains could be setting up the biggest crash in years. Crash Scenario Outlined According to Brandt\u2019s analysis, Bitcoin could plunge&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5227,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[12,22,32,35,51],"class_list":["post-5226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-altcoins","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=5226"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5227"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}