The Dutch tulip mania of the seventeenth century has long symbolized speculative excess. Today, some prominent crypto commentators are reviving that metaphor to warn of a potential Bitcoin collapse.
Their argument is not merely about a sudden crash, but about what could follow: an initial market-wide plunge that eventually sees XRP recover and rise to prominence.
How the Conversation Began
This debate was reignited by a widely shared X post from (X)=chi (R)esurrected (P)=rho, who highlighted a scenario where Bitcoin’s dramatic decline drags the broader crypto market down before XRP stages a powerful comeback. The post references striking price levels and draws on views from several analysts, giving the theory added weight.
Tulip Bubble & XRP.
If the BTC bubble bursts, it will probably look like the picture below.ing…
2020.3.13. $0.114
2025.10.~12.
$26.6(1.618level)
2026. Black swan
Collapse $0.64
2026. Overnight$1,000
Three or more people are saying the same thing.… https://t.co/MKpPkiT1DMpic.twitter.com/zaCmb7n3Zf
— (X)=chi (R)esurrected (P)=rho (September 28, 2025)
Leading Voices Converge
Among those sharing similar perspectives is Binance founder Changpeng “CZ” Zhao, who likened a Bitcoin meltdown to the sinking of the Titanic: “When the Titanic sinks, little floats near it get dragged down too. But the floats will eventually come back up if they are untethered.”
His analogy captures the idea of a short-term market contagion followed by selective recovery. Other market watchers, including MarvinGaye and BABA, have echoed this sentiment, pointing to XRP’s potential resilience in the aftermath of a major downturn.
Why the Tulip Analogy Has Limits
Although the tulip mania reference is dramatic, experts caution against a direct comparison. Unlike the 17th-century tulip bubble, which centered on luxury flowers, today’s cryptocurrency ecosystem is a global financial network built on advanced blockchain technology and increasingly adopted by institutions. Equating Bitcoin to tulips oversimplifies a far more complex and mature market.
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— TimesTabloid (June 15, 2025)
Technical Factors in Play
The discussion also notes Fibonacci price extensions—especially the 1.618 level—used by traders to identify potential market turning points. While such tools can highlight areas of investor interest, analysts stress that these signals are only one component of technical analysis and cannot predict future prices alone.
XRP’s Distinct Role
In past market downturns, altcoins have typically followed Bitcoin’s decline due to high correlation within the market. Supporters of XRP’s recovery thesis argue that its established role in cross‑border payments, expanding DeFi applications, and integration with stablecoins could allow it to rebound faster than other digital assets once market sentiment stabilizes.
Historically, tokens with clear utility and liquidity can recover more quickly after broad declines.
In conclusion, the scenario outlined by (X)=chi (R)esurrected (P)=rho—a Bitcoin crash followed by an XRP resurgence—has drawn attention from major industry voices, including CZ. This is an interesting idea, but it remains speculative. Investors should view it as a call for careful risk management and thorough analysis rather than a guaranteed outcome.
Market metaphors and technical indicators can spark debate, yet sound strategy and an understanding of market fundamentals remain the most reliable guides through any turbulence ahead.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.