Peter Brandt warns MSTR may face losses if Bitcoin repeats 1977 soybean crash sample with attainable drop to $60K.
Veteran dealer Peter Brandt has warned that Bitcoin’s present chart resembles the 1977 soybean market earlier than it crashed by 50%. He famous that if this sample repeats, MicroStrategy (MSTR) may face deep losses, given its massive publicity to Bitcoin by way of leveraged holdings.
Peter Brandt Warns of Broadening High Sample in Bitcoin
In a current publish on X, Brandt defined that Bitcoin could also be forming a broadening high, a sample much like the one soybeans fashioned earlier than a steep decline in 1977. He recommended this setup may set off a pointy drop in BTC value, presumably testing the $60,000 stage.
In 1977 Soybeans fashioned a broadening high after which declined 50% in worth
Bitcoin as we speak is forming the same sample. A 50% decline in $BTC will put $MSTR underwater
Whether or not I’m proper or unsuitable, you need to admit this outdated man has the gonads to make huge calls pic.twitter.com/f7Qi4J8WpN— Peter Brandt (@PeterLBrandt) October 21, 2025
Brandt acknowledged, “If BTC goes up, I need to be lengthy; if it goes down, I need to be brief.” He additionally emphasised the hazard of high-risk buying and selling methods, warning that aggressive bets may result in portfolio losses over time. His feedback mark a shift from his beforehand bullish view on Bitcoin’s long-term development.
Market Reactions and Analyst Disagreements on BTC Path
One other market analyst, often called TheMarketSniper, agreed that whereas Bitcoin’s present sample could resemble the 1977 setup, the outcomes will not be the identical. Brandt responded by acknowledging this level, saying each bullish and bearish situations are attainable relying on market developments.
In case you have #HVFmethod you’d discover while the broadening buildings look the identical.
The Soybeans was an Ascending Megaphone on a bull development => Bearish
Bitcoin is a Descending construction on a bull development, ultimately => Bullish.
Place a splitter between every for internet gradient.… https://t.co/rYDOG4q9NB pic.twitter.com/IlGQteHyiT— TheMarketSniper – MBA, CMT. #HVFmethod (@themarketsniper) October 22, 2025
Simply weeks earlier, Brandt had acknowledged that Bitcoin and different high cryptocurrencies, together with Ethereum and XRP, remained in a bullish part. Nonetheless, he now notes that dangers are rising as technical indicators present attainable development exhaustion.
This cautious sentiment is shared by analyst Crypto₿irb, who claimed Bitcoin could also be nearing the top of its present cycle. His mannequin estimates that 99.3% of the bull run is full, signaling a possible correction forward.
MSTR Publicity Heightens Danger if Bitcoin Drops Additional
MicroStrategy (MSTR), identified for holding over 200,000 BTC, might be extremely uncovered if Bitcoin falls sharply. A 50% value drop would cut back the worth of its belongings and put strain on its leveraged steadiness sheet.
Brandt identified that technical weak spot in Bitcoin could take a look at investor confidence in such high-BTC publicity. If BTC retraces to decrease ranges, MSTR’s technique could face stress, particularly below risky market situations.
In the meantime, Binance founder Changpeng Zhao lately reignited the Bitcoin vs. gold debate, predicting Bitcoin may surpass gold’s $30 trillion valuation. Nonetheless, some market contributors are already rotating capital from gold into Bitcoin, particularly after gold posted its steepest day by day drop since 2013.
Brandt’s evaluation provides one other layer to the continuing dialogue about Bitcoin’s market path and the impression it might have on publicly traded corporations like MicroStrategy.