Is Bitcoin About To Crash Again? Why 2025 Might Just Be 2020’s Deja Vu

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On October 20, 2025, Bitcoin had what can only be described as a complete meltdown, dropping a cool 20%. Meanwhile, altcoins were busy setting new records, but not the good kind-losing anywhere from 50% to 80%. The crypto world watched in horror as $19 billion worth of leveraged positions evaporated like a bad hangover the morning after an all-night trading binge. Naturally, conspiracy theorists and keyboard warriors alike are already whispering that this is a sign of a repeat of the infamous 2020 flash crash. Oh, the nostalgia.

Is 2025 Just 2020’s Evil Twin?

Enter Rekt Fencer, the crypto analyst who, like an over-caffeinated Nostradamus, is telling us that we might be in for a déjà vu moment. Fencer took to X (formerly Twitter, for those of us trying to keep up) to show a side-by-side chart comparing the disastrous performance of Bitcoin in 2020 to what’s happening in 2025. Spoiler: It’s pretty much the same thing, but with extra panic and more liquidations. Oh joy.

Let’s jog your memory. Back in 2020, the crypto market took a nosedive as COVID-19 gripped the globe like an unwanted house guest. The crypto market plummeted, with Bitcoin losing more than half its value, and altcoins following suit. The world was in lockdown, people were hoarding toilet paper, and the stock market had its own meltdown. It was an apocalypse, only with fewer zombies and more Zoom meetings.

But wait-there’s more! Back in 2020, liquidations were “only” $1.2 billion. “Only” being the operative word, because that record has now been shattered by last week’s $19 billion liquidation event. Yeah, that’s right. Crypto traders were practically being liquidated in bulk, like it was a Black Friday sale, but without the discounts.

Despite the carnage, Rekt Fencer insists that this could be a mirror image of 2020. After that brutal crash, the market bounced back faster than you can say “buy the dip,” reaching new all-time highs by 2021. So, if history truly does repeat itself (as it often does in the most dramatic of ways), we might be on the cusp of another bull run. If not, well, it might just be the beginning of another bear market. Who’s to say?

Rekt Fencer, in a move that could make even the most seasoned traders sweat, confidently declared: “History is about to repeat itself” and “The real move starts when everyone thinks it’s over.” So, buckle up, folks. If this is anything like 2020, we’re in for another explosive rally. If it’s not, well, let’s just say I hope you’re not too emotionally attached to your altcoins.

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2025-10-16 13:41