加密分析師預測比特幣（BTC）價格崩潰至自先前的熊市以來未見的水平

一位加密分析師正在向比特幣（BTC）發出警報，預測價格崩潰可能會將其拖到以前熊市以來未見的水平。

A crypto analyst is sounding the alarm on Bitcoin (BTC), predicting a price crash that could carry it to levels last seen during prior bear markets.

一位加密分析師正在向比特幣（BTC）發出警報，預測價格崩潰可能會將其帶到先前熊市中最後一次看到的水平。

The analyst, Jacob King, CEO of WhaleWire, claims that technical analysis and observations of recent market behavior suggest a potential downturn for Bitcoin in the coming months. Citing recurring historical chart patterns, such as the ominous double-top formation that has preceded past market collapse, the analyst predicts that Bitcoin’s current price action is on the brink of repeating history.

鯨魚首席執行官雅各布·金（Jacob King）聲稱，最近市場行為的技術分析和觀察結果表明，在未來幾個月中，比特幣可能會下降。分析師引用了經常出現的歷史圖表模式，例如在市場崩潰之前的不祥的雙頂形成模式，分析師預測，比特幣的當前價格動作正是重複歷史的邊緣。

This analyst has previously made bold predictions about Bitcoin, notably in December 2023 when he asserted that BTC had already peaked and was poised for a crash. At the time, King asserted that a double-top pattern was unfolding, setting the stage for a downturn.

這位分析師此前曾對比特幣做出了大膽的預測，尤其是在2023年12月，當時他斷言BTC已經達到頂峰並準備崩潰。當時，金斷言雙頂模式正在展開，為低迷奠定了基礎。

In a recent post shared with his Telegram followers, King continues to maintain his bearish stance on Bitcoin, presenting an updated chart to support his prediction.

在最近與電報追隨者分享的一篇文章中，金繼續保持對比特幣的看跌立場，並提供了更新的圖表以支持他的預測。

Historic Double Top Signals Bitcoin Crash

歷史悠久的雙重信號比特幣崩潰

Bitcoin’s explosive rally past the $100,000 mark has reignited market interest, sparking various bullish predictions of a potential rally to its final cycle high. However, while some analysts see its recent price action as a bullish move to new highs, others are preparing for a crash to new lows.

比特幣超過100,000美元大關的爆炸性集會重新點燃了市場興趣，這引發了各種看漲的預測，即對其最終週期高的潛在集會的預測。但是，儘管一些分析師將其最近的價格行動視為看漲新高高的行動，但另一些分析師則為新的低點崩潰做準備。

Among them is crypto analyst and CEO of WhaleWire, Jacob King, who has predicted an upcoming crash in the Bitcoin price. The analyst shared a comparative chart, highlighting a recurring chart pattern that has preceded every major crash in Bitcoin’s price history. In all the past market cycles, BTC formed a distinct double-top pattern, signaling the end of a bull cycle and the beginning of a bear market.

其中包括Crypto分析師兼Whalewire首席執行官Jacob King，他預測即將發生的比特幣價格崩潰。該分析師分享了一個比較圖表，突出了一個經常出現的圖表模式，該圖案在比特幣價格歷史記錄的每一次重大崩潰之前。在過去的整個市場週期中，BTC形成了一種獨特的雙頂模式，這標誌著牛週期的結束和熊市的開始。

For clarity, King’s chart shows four panels comparing Bitcoin’s price action during the past four-year cycles. The top left of the chart shows a double top pattern forming in 2017, followed by a steep crash after the cryptocurrency hit a second price peak.

為了清楚起見，金的圖表顯示了四個面板，比較了過去四年的周期比特幣的價格動作。圖表的左上角顯示了2017年的雙層圖案形成，隨後加密貨幣達到了第二個價格峰值之後發生了巨大的崩潰。

On the top right chart, a smaller double top pattern occurred in 2019, leading to a price correction, though less severe than in 2017. A more evident double top pattern also formed in 2021, resulting in the historic market collapse and prolonged bear market that spanned from 2022 to 2023.

在右上圖上，較小的雙層模式發生在2019年，導致了價格校正，儘管比2017年不那麼嚴重。更明顯的雙重頂級模式也在2021年形成，導致歷史悠久的市場崩潰和從2022年到2023年的延長熊市。

Now, the current 2025 Bitcoin structure closely resembles the same pattern from previous cycles, as history is about to repeat itself. The analyst’s chart shows that BTC is finally forming a market top, which could indicate the beginning of a bear market.

現在，當前的2025比特幣結構與以前的周期相同，因為歷史即將重複。分析師的圖表顯示，BTC終於形成了市場頂部，這可能表明熊市的開始。

Moreover, King claims that Bitcoin’s price is already overvalued. He advises investors to exit the market, adding that every green candle presents a better opportunity to sell.

此外，金聲稱比特幣的價格已經被高估了。他建議投資者退出市場，並補充說，每支綠色蠟燭都有更好的銷售機會。

Analyst Flags Possible Market Manipulation

分析師標誌可能的市場操縱

Beyond technical patterns and potential price crashes, King raises concerns about what could be fueling Bitcoin’s latest rally and volatility. The analyst argues that the recent rally above $100,000 isn’t driven by genuine demand but rather by Tether (USDT).

除了技術模式和潛在的價格崩潰之外，金還引起了人們對比特幣的最新集會和波動性的擔憂。這位分析師認為，最近的一次超過100,000美元的集會不是由真正的需求驅動的，而是由Tether（USDT）驅動的。

According to this view, the rapid creation of USDT is generating artificial buying pressure and printing exit liquidity for large holders who are now dumping their positions at inflated prices. King claims that the stablecoin’s issuance is being used by insiders to manipulate the price of Bitcoin, generating demand that doesn’t stem from actual fiat inflows.

根據這種觀點，USDT的迅速創建正在為現在以高昂的價格傾倒自己的頭寸的大型持有人產生人工購買壓力和打印出口流動性。國王聲稱，內部人員正在使用穩定的發行來操縱比特幣的價格，從而產生了需求，這並非源於實際的菲亞特流入。