Market veteran Peter Brandt has raised the alarm about a potential 75% Bitcoin crash, citing historical data and a noticeable trend in its price movements. His warning comes after Bitcoin’s recent downturn below $90,000 on December 1st. While some analysts attribute this drop to cascading effects from the Japanese yen’s volatility, others suggest it may stem from over-leveraged positions within a low-volume environment. Over $725 million in long positions have recently gone bust in the last 24 hours. Despite predictions of a rebound, Brandt believes Bitcoin could experience a significant correction. He has flipped bearish on Bitcoin, citing historical data and a specific pattern that he believes signals a potential 75% drop in price.