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Bitcoin’s $10,000 Scenario Would Near Its Worst Historical Drawdown

Bitcoin’s $10,000 Scenario Would Near Its Worst Historical Drawdown

Photo: TokenPost

Bitcoin at $10,000 would represent an estimated 92% decline from its previous record high, putting the hypothetical price near the steepest losses in its historical drawdown series. Crypto analyst Darkfost calculated that price as an 87% drop from the reference level in his analysis. His historical series lists a 92.9% drawdown in 2011, compared with 82.5% in 2015, 82.6% in 2019, 74.4% in 2022 and 54.2% in 2026. On that comparison, the $10,000 scenario would approach the 2011 decline and exceed the later drawdowns.

Source: TokenPost

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