Bitcoin has reached record highs approaching the new year, with trader Bluntz predicting a potential downturn in the near future. He foresees Bitcoin prices potentially plummeting by as much as 55%, which aligns with growing concerns among cryptocurrency observers. Bluntz attributes this projected decline to a shift from the current bullish trend that began in December 2022, leading towards a likely bear market. This period of uncertainty could last until 2027 according to his assessment. He points to Bitcoin’s current price point of $80,000 as potentially dropping to around $36,000. These insights are crucial for investors looking to navigate the future of Bitcoin pricing trends. His analysis also highlights valuable considerations regarding precious metals like gold and silver, particularly their volatility in light of recent market shifts.