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Boom Then Bust? BTC Eyes $175K Before Catastrophic 80% Drop


Olivia Stephanie
для CryptoPotato
Boom Then Bust? BTC Eyes $175K Before Catastrophic 80% Drop

TL;DR

  • Bitcoin may climb to $175K before falling 70–80%, based on four past market cycles.
  • $4.9T in expiring options today could bring sharp volatility across crypto and equities.
  • Inverse head-and-shoulders pattern suggests a bounce from $112K could push BTC toward $130K.

Bitcoin’s Past Cycles Show Repeated Deep Drops

Bitcoin has seen major corrections after each bull market cycle. Data reviewed by market analyst EGRAG CRYPTO shows that in 2011, the cryptocurrency fell around 93% from its peak. In 2013, the drop was around 86%, followed by 84% in 2017, and roughly 77% in 2022 after the 2021 top.

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Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Bitcoin’s exchange supply ratio on Binance hits lows as Fed-driven volatility wipes o...
Bitcoin Stochastic RSI Crosses Up, History Says Rally Is Next

Bitcoin Stochastic RSI Crosses Up, History Says Rally Is Next

Bitcoin’s Stochastic RSI flashes bullish crossover, with analysts eyeing $119K–$123K ...

Boom Then Bust? BTC Eyes $175K Before Catastrophic 80% Drop


Olivia Stephanie
для CryptoPotato
Boom Then Bust? BTC Eyes $175K Before Catastrophic 80% Drop

TL;DR

  • Bitcoin may climb to $175K before falling 70–80%, based on four past market cycles.
  • $4.9T in expiring options today could bring sharp volatility across crypto and equities.
  • Inverse head-and-shoulders pattern suggests a bounce from $112K could push BTC toward $130K.

Bitcoin’s Past Cycles Show Repeated Deep Drops

Bitcoin has seen major corrections after each bull market cycle. Data reviewed by market analyst EGRAG CRYPTO shows that in 2011, the cryptocurrency fell around 93% from its peak. In 2013, the drop was around 86%, followed by 84% in 2017, and roughly 77% in 2022 after the 2021 top.

Читать материал на CryptoPotato

Читать больше

Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Fed Cut Wipes Out Leverage as Bitcoin Supply Ratio Drops

Bitcoin’s exchange supply ratio on Binance hits lows as Fed-driven volatility wipes o...
Bitcoin Stochastic RSI Crosses Up, History Says Rally Is Next

Bitcoin Stochastic RSI Crosses Up, History Says Rally Is Next

Bitcoin’s Stochastic RSI flashes bullish crossover, with analysts eyeing $119K–$123K ...