加密分析师预测比特币（BTC）价格崩溃至自先前的熊市以来未见的水平

一位加密分析师正在向比特币（BTC）发出警报，预测价格崩溃可能会将其拖到以前熊市以来未见的水平。

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.

一位加密分析师正在向比特币（BTC）发出警报，预测价格崩溃可能会将其带到先前熊市中最后一次看到的水平。

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.

鲸鱼首席执行官雅各布·金（Jacob King）声称，最近市场行为的技术分析和观察结果表明，在未来几个月中，比特币可能会下降。分析师引用了经常出现的历史图表模式，例如在市场崩溃之前的不祥的双顶形成模式，分析师预测，比特币的当前价格动作正是重复历史的边缘。

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.

这位分析师此前曾对比特币做出了大胆的预测，尤其是在2023年12月，当时他断言BTC已经达到顶峰并准备崩溃。当时，金断言双顶模式正在展开，为低迷奠定了基础。

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.

在最近与电报追随者分享的一篇文章中，金继续保持对比特币的看跌立场，并提供了更新的图表以支持他的预测。

Historic Double Top Signals Bitcoin Crash

历史悠久的双重信号比特币崩溃

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.

比特币超过100,000美元大关的爆炸性集会重新点燃了市场兴趣，这引发了各种看涨的预测，即对其最终周期高的潜在集会的预测。但是，尽管一些分析师将其最近的价格行动视为看涨新高高的行动，但另一些分析师则为新的低点崩溃做准备。

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分析师兼Whalewire首席执行官Jacob King，他预测即将发生的比特币价格崩溃。该分析师分享了一个比较图表，突出了一个经常出现的图表模式，该图案在比特币价格历史记录的每一次重大崩溃之前。在过去的整个市场周期中，BTC形成了一种独特的双顶模式，这标志着牛周期的结束和熊市的开始。

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.

为了清楚起见，金的图表显示了四个面板，比较了过去四年的周期比特币的价格动作。图表的左上角显示了2017年的双层图案形成，随后加密货币达到了第二个价格峰值之后发生了巨大的崩溃。

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.

在右上图上，较小的双层模式发生在2019年，导致了价格校正，尽管比2017年不那么严重。更明显的双重顶级模式也在2021年形成，导致历史悠久的市场崩溃和从2022年到2023年的延长熊市。

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.

现在，当前的2025比特币结构与以前的周期相同，因为历史即将重复。分析师的图表显示，BTC终于形成了市场顶部，这可能表明熊市的开始。

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，金声称比特币的价格已经被高估了。他建议投资者退出市场，并补充说，每支绿色蜡烛都有更好的销售机会。

Analyst Flags Possible Market Manipulation

分析师标志可能的市场操纵

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).

除了技术模式和潜在的价格崩溃之外，金还引起了人们对比特币的最新集会和波动性的担忧。这位分析师认为，最近的一次超过100,000美元的集会不是由真正的需求驱动的，而是由Tether（USDT）驱动的。

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.

根据这种观点，USDT的迅速创建正在为现在以高昂的价格倾倒自己的头寸的大型持有人产生人工购买压力和打印出口流动性。国王声称，内部人员正在使用稳定的发行来操纵比特币的价格，从而产生了需求，这并非源于实际的菲亚特流入。