Brandt doesn’t mince words when it comes to recent price action. The trader identifies several concerning technical signals: A dramatic reversal on November 11th<\/strong>, followed by eight consecutive days of lower lows<\/strong>, and the formation of a broad topping pattern<\/strong>. These elements, according to him, constitute the early stages of a genuine bearish phase.<\/p>\n\n\n\n The support levels identified by the analyst are sobering. The first target sits at $81,000, roughly 6% below current prices<\/strong>. But it’s the second target that surprises: $58,000, representing a 32% retracement from today’s prices<\/strong>. Brandt adds with irony that those who claim today they’ll buy aggressively at $58,000<\/strong> will likely have changed their minds once that level is reached, terrified by the volatility.<\/p>\n\n\n\n This outlook sharply contrasts with Bitcoin’s<\/a> historic fourth quarter<\/strong>, which typically delivers an average return of 77%<\/strong>. The year 2025 clearly breaks from this positive seasonality, forcing even the most optimistic analysts to revise their projections.<\/p>\n\n\n\n