Renowned technical analyst Peter Brandt has sparked fresh debate in the crypto community after warning of a possible 75% Bitcoin crash, drawing parallels to a similar pattern seen in 2022. In a tweet that caught the attention of traders worldwide, Brandt questioned whether Bitcoin is once again following its previous bearish trajectory, suggesting that a steep correction could be on the horizon if historical trends repeat.
Is Bitcoin $BTC following its 2022 script and setting up for a 75% correction? Doesn't hurt to ask this, does it? pic.twitter.com/BAywkhSwgy
— Peter Brandt (@PeterLBrandt) June 10, 2025
Brandt’s chart analysis indicates that BTC is at a critical juncture, teetering between a breakout above resistance and a plunge toward long-term support. His comments arrive at a time when Bitcoin is showing strength, climbing toward $110,000 and positioning for a potential new all-time high.
On-Chain Metrics Signal Overheating Risk
Despite Bitcoin’s recent bullish momentum, some on-chain indicators hint at short-term market overheating. According to blockchain analytics platform Glassnode, several red flags are emerging in the derivatives market. These include a surge in short liquidations, a rising premium on long positions, and growing open interest—all signs of increasing speculative behavior.
Although funding rates remain relatively stable, the build-up of leverage in the market suggests that BTC could be vulnerable to a sharp pullback, particularly if macroeconomic conditions shift suddenly. A sudden change in sentiment could accelerate downward pressure.
CPI Data, Fed Policy, and Tether Could Drive Next Move
All eyes are now on the upcoming U.S. Consumer Price Index (CPI) report set to be released Wednesday. An unexpected uptick in inflation could delay the Federal Reserve’s rate-cut plans and inject fresh uncertainty into the crypto market. In such a scenario, Bitcoin’s upward trajectory might face stiff resistance.
On the flip side, the recent injection of $1 billion in Tether’s USDT supply may provide a short-term liquidity boost, potentially supporting BTC prices. This fresh capital inflow could counterbalance negative macro trends, giving bulls a reason to stay optimistic—even in the face of Brandt’s dire warning.
Also Read: Bitcoin Price Nears $110K as Risk Signals Mount: Is a Market Correction Coming?
Whether a crash materializes or not, BTC’s fate now hinges on a delicate mix of technical, on-chain, and macroeconomic factors.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
