{"id":117587,"date":"2025-12-03T14:00:22","date_gmt":"2025-12-03T14:00:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=117587"},"modified":"2025-12-03T14:00:22","modified_gmt":"2025-12-03T14:00:22","slug":"this-subwave-says-bitcoin-price-is-headed-for-a-50-crash-to-42000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=117587","title":{"rendered":"This Subwave Says Bitcoin Price Is Headed For A 50% Crash To $42,000"},"content":{"rendered":"

Crypto analyst Tony Severino<\/a> has revealed a historical bearish pattern that could send the Bitcoin price to as low as $42,000. This bearish outlook for BTC comes amid a rebound for the flagship crypto, with a recent surge above the psychological $90,000 level.\u00a0<\/p>\n

Bitcoin Price Risks 50% Drop To $42,000 Based On This Pattern<\/h2>\n

In an X post<\/a>, Severino stated that the Bitcoin price likes to retrace to subwave 3\/4 of wave 3\/4 of its impulse. Based on this, the analyst indicated that BTC could crash<\/a> to as low as $42,000 on wave C of this move to the downside. His accompanying chart showed that this decline could happen sometime at the start of next year.\u00a0<\/p>\n

This bearish Bitcoin price prediction comes amid BTC\u2019s rebound above $90,000 following the end of quantitative tightening (QT)<\/a> by the U.S. Federal Reserve. The flagship crypto has also rebounded amid optimism of another rate cut at this month\u2019s FOMC meeting. CME FedWatch data<\/a> shows there is almost a 90% chance that the Fed will lower rates again this month.\u00a0<\/p>\n

However, despite these macro positives for the Bitcoin price, analysts such as Tony Severino have suggested that BTC is in a bear market<\/a> and is likely to trend lower in the coming months. In an X post<\/a>, he highlighted the BTC monthly chart, suggesting it showed a subtle volume breakout that confirmed a \u201cnot-so-subtle\u201d trendline breakdown.\u00a0\u00a0<\/p>\n

Meanwhile, market technician JT described<\/a> statements that the QT ending is bullish for the Bitcoin price as being a \u201cfallacy.\u201d He alluded to the possibility that the Bank of Japan (BOJ) may hike rates this month as one of the stressors to liquidity beyond QT.\u00a0\u00a0<\/p>\n

Peter Brandt Predicts Drop To Mid $40ks<\/h2>\n

In an X post<\/a>, veteran trader and analyst Peter Brandt predicted that the Bitcoin price could drop to mid $40,000. He stated that the upper boundary of the lower green zone starts below $70,000 and that the lower support boundary is in the mid $40,000. Notably, Brandt had previously predicted<\/a> that BTC could drop to around $50,000 before it then rallies to around $200,000 in the next bull market.\u00a0<\/p>\n

The veteran analyst noted<\/a> that there have been five major bull market cycles for the Bitcoin price since its inception. He further stated that in all previous cycles<\/a>, the violation of the dominant parabolic advance has been followed by a 75% plus correction with no exception. As such, he expects BTC to undergo another significant correction in this cycle, potentially dropping below $50,000.\u00a0<\/p>\n

At the time of writing, the Bitcoin price is trading at around $93,000, up almost 7% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst Tony Severino has revealed a historical bearish pattern that could send the Bitcoin price to as low as $42,000. This bearish outlook for BTC comes amid a rebound for the flagship crypto, with a recent surge above the psychological $90,000 level.\u00a0 Bitcoin Price Risks 50% Drop To $42,000 Based On This Pattern In […]<\/p>\n","protected":false},"author":0,"featured_media":117588,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117587"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117587"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117588"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}