Crypto Crash: $1T Lost, But Bitcoin’s Comeback? 🚀

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The crypto market is currently experiencing a level of chaos that would make even a seasoned investor question their life choices. A staggering $1 trillion has vanished, leaving traders scrambling like they’ve just discovered their savings account is a mirage. 🤯

But while the drop looks like a bad day at the office, macro investor Raoul Pal is here to remind us that this isn’t the first time the market has thrown a tantrum. History, he claims, is a great teacher-if you’re willing to ignore its warnings. 🧠

Bitcoin’s Historical Pattern Repeating Again

In his post, Pal shared a striking long-term Bitcoin chart that’s so dramatic, it could be the next blockbuster movie. Comparing today’s drop to the 2021 crash, he notes that Bitcoin fell 56% in a month-like a toddler losing a toy, but with more financial ruin. 🐶💸

Everyone panicked, and then the market suddenly flipped, and crypto exploded to new all-time highs. Because nothing says “recovery” like a 56% drop. 🎉

That wasn’t the only time. From 2019 to 2020, Bitcoin fell 72% before bouncing back stronger. Between 2016 and 2017, Bitcoin saw seven drops of more than 30% each, yet the overall trend remained upward. Because nothing says “long-term” like a series of meltdowns. 📈

Each time, altcoins fell even harder. Each time, fear won in the short term, and patience won in the long term. Because what’s life without a little drama? 🎭

Pal’s View: Pain Now, Opportunity Later

Despite the chaos, Pal remains as calm as a cat on a hot tin roof, adding to his positions because he’s clearly a wizard with a crystal ball. 🐱🔮 However, he also reminds everyone that each person’s risk level and time horizon are different. Because not everyone can afford to be a hero. 💸

Pal also shared an important price point to watch. According to him, if Bitcoin can break above the $85,000 level and turn it into a strong support, the next target would be $89,326. He believes this zone could act as the next step before Bitcoin decides its bigger move. Because nothing says “confidence” like a number with six digits. 📏

Bitcoin Could Drop to $58K

While some analysts expect a recovery, veteran trader Peter Brandt is here to rain on the parade with a warning that could make even the most optimistic trader clutch their pearls. 🧣😱 According to him, Bitcoin made a small breakout on November 11, but instead of building strength, the price kept falling for eight straight days, creating “lower highs.” This shows that sellers are still in control and buyers are not able to push the price up. Because nothing says “bull market” like a downward spiral. 🐝📉

Based on his analysis, he sees $81,000 and $58,000 as important levels Bitcoin could revisit if the selling continues. A drop to $58,000, he said, could trigger strong panic among traders. Because nothing says “panic” like a number with five digits. 😱

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2025-11-22 12:29