Bitcoin · Donald Trump · Iran · CoinDesk
Bitcoin could crash to $48,000, if this historical pattern is triggered
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Bitcoin BTC $ 65,821.54 has a unique pattern, and it has held across every major bullish cycle since the cryptocurrency began trading near zero 16 years ago.
Key facts
- The 61.8% retracement from near zero in early 2010 to that peak sits at $48,215
- Io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model
- live as of 11 June 2026
- Bitcoin BTC $ 65,821.54 has a unique pattern, and it has held across every major bullish cycle since the cryptocurrency began trading near zero 16 years ago
- Four peaks, four subsequent bear markets and four breaks below the 61.8% level
Summary
Every bitcoin bear market has retraced more than 61.8% of the move from near zero in early 2010 to the latest bull market peak. With bitcoin’s latest peak above $126,000, that 61.8% retracement now sits around $48,215, implying prices could fall sharply from current levels near $64,000 if the historical pattern holds. The bear markets that followed these peaks saw prices crash well below the 61.8% retracement of the entire move from near zero to the bull peaks. Four peaks, four subsequent bear markets and four breaks below the 61.8% level.