How a Market Seer Declared Bitcoin’s Next Peak with a Wink and a Sarcastic Smirk

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Oh, the illustrious Peter Brandt, who’s been around the block so many times he probably has a few miles to show for it, has stumbled upon a chart so “brilliant” that even the most jaded traders might pause for a sip of their gin. This week, he bestowed his legendary approval upon a mere mortal’s work and called it “outstanding” – because why not sprinkle some drama on the digital chaos? 💫

Colin Talks Crypto-a name that sounds like someone who might be a cartoon detective-shared a chart that uses Tether’s market share to predict Bitcoin peaks on an inverted log scale. Yes, dear reader, a graph so complex that it makes the Mona Lisa look like a child’s doodle. Brandt, in his infinite wisdom, didn’t just nod like a bobblehead; he actually called it “brilliant.” Now, all we are left to wonder is: does this prophecy anticipate the next high or just a glorious excuse for more speculation? 🤔

This chart traces back a whole decade, which in crypto years is roughly 700 years, and every time Tether’s dominance flirted with its upper curve, Bitcoin was flirting with its own peak-like a well-rehearsed dance of bubbles and dreams. From the double peaks of 2021, through the grand attempt at $70,000 in 2024, to the December surge over $100,000-each time, this indicator was eerily correct. Or perhaps just lucky, depending on your tea leaves.

Now, with a flourish of his digital quill, Colin expects another rendezvous with the top later this year, possibly in the $140,000-$150,000 range come October. But here’s where the plot thickens: this model isn’t about how high Bitcoin will go, but when it will turn into a panic-selling frenzy. The timing, not the price-because anyone can forecast a moonshot, but only a true visionary can say “It’s about to pop like a champagne bottle.” 🍾

But wait, there’s more…

The amusing twist? Our soothsayer admits that he’ll take profits at the next peak, regardless of other metrics or the weather or whether Mercury is in retrograde. He’s cross-checking sentiment, liquidity, and his prized CBBI index, which probably sounds more mystical than a Hogwarts spell. And, despite his newfound praise for this humble indicator, he still suggests that the current mood remains too muted for a market top-so perhaps a bit more fun is still waiting around the corner.

In truth, for Brandt-who usually prefers to stay in his corner-the praise of a mere local indicator is like stumbling upon a unicorn in the bathroom. Can Tether’s dominance really steer the Bitcoin ship through the turbulent seas? If October’s prediction comes true, this chart may ascend from the land of experimental doodles to the front page of every crypto headline, proving that even old foxes can be dazzled by a shiny new toy. 🦊

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2025-08-19 16:54