Bitcoin’s 75% Drawdowns: A Cycle of Suffering 🚨

A veteran trader, Peter Brandt, cast upon the digital realm an image of Bitcoin’s five great ascents, each born from the crucible of 75%-plus losses. “No exceptions,” he declared, as if invoking a divine law. To challenge this pattern, he warned, is to court ruin-unless one possesses a “great reason” to defy the algorithm of despair. 📉💸

75% Drawdowns or Bust: Brandt’s Cycle Theory Divides Crypto Proponents

Seven days prior, Brandt shared a chart of CME Bitcoin futures, its lines etched like ancient runes, capturing November 2025’s plunge to $86,000-a fall so steep it could make a monk weep. He capped it with a cat meme, a jestful nod to the infamous “dead cat bounce”-a term that evokes the cruel irony of markets that rise only to fall again. 🐱 Today, the prophet of the charts posed a question: “Dead cat bounce over????” 🤯

“Dead cat bounce over????”

An hour later, Brandt returned, his tone as grave as a funeral dirge: “Not to bust anyone’s banana, but the upper boundary of the lower green zone starts at sub-$70s, with support in the mid-$40s. How soon before Saylor’s Shipmates ask about the life-boats?” 🚢

Brandt then dissected Bitcoin’s five cycles, his log-scale chart a grim ledger of losses. Every parabola, he insisted, was followed by a 75%-plus crash. “NO EXCEPTIONS!!” he roared, as if addressing a congregation of skeptics. 🙋‍♂️

Critics, however, rallied. “Your last ‘parabola’ was breached in 2024,” one user sniped, “you’ve simply moved the goal posts.” Another, under the handle “N,” accused Brandt of “seeking reason to be bearish” and “playing with house money.” 🎰

Brandt’s defenders, meanwhile, hailed his track record as proof of a divine pattern. “The market’s biggest rallies arrive only after deep resets,” they insisted, as if reciting scripture. 📖

Yet, the skeptics persisted. “Markets evolve,” they argued. “Rigid patterns ignore nuance.” 🧠 Brandt, undeterred, noted that gains grow weaker with each cycle. “The history of Bitcoin is a history of exponential decay,” he declared. “Should the decline reach $50k, the next bull cycle may target $200k to $250k.” 📈

FAQ ❓

  • What is Peter Brandt warning about?
    He argues Bitcoin’s historical bull cycles always followed major 75% drawdowns. 📉
  • Why did Brandt question the recent rebound?
    He referenced the “dead cat bounce” and highlighted potential downside zones. 🐱
  • What are critics pushing back on?
    They claim the current cycle is shallower, past parabolas were broken, and Brandt may be overextending. 🤯
  • What long-term outlook did Brandt offer?
    He said a decline to $50k could set up a future bull cycle targeting $200k-$250k. 💸

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2025-12-02 01:08