Bitcoin 77% Correction To $25,000, Will History Repeat Itself
The post Bitcoin 77% Correction To $25,000, Will History Repeat Itself appeared on BitcoinEthereumNews.com.
Based on historical records, after every Bitcoin (BTC) bull run, a bear market hits, and this cycle may be no different. Analysts forecast that the upcoming bear market may see the price of Bitcoin dropping as low as $25,000. This decline would represent a whopping 77% crash, pushing BTC to a possible market bottom. Analyst Bitcoin Price Correction To $25,000 Bitcoin has been put in the spotlight again, as its recent price surge has sparked new projections by market analysts. One notable forecast by crypto expert Tony Severino suggests that if history repeats, Bitcoin could see a drawdown between 77% and 84% from its peak. This implies that BTC may see its price skyrocket to its highest point during this bull cycle. However, after this historic price rally, the cryptocurrency is expected to correct downwards toward the $25,000 to $17,000 range in the next bear market. Looking at Severino’s price chart, Bitcoin has been mirroring a repeating cycle of euphoric bull runs followed by severe bear market crashes. The chart highlights three major historical corrections that occurred during the last three bull cycles. In the 2013 to 2015 bear market, BTC hit a price peak and then plunged 86.64% to a bottom, marking the highest crash to date. Similarly, during the 2017 to 2018 bear market, Bitcoin fell 84.04% from its all-time high. Source: Tony Severino on X Again, from 2021 to 2022, the pioneer cryptocurrency declined 77.57%. This bear market pattern shows that BTC often experiences significant price drawdowns after reaching a final ATH, with each subsequent correction being slightly less severe than the last. Interestingly, the severity of Bitcoin’s decline in every bear market has decreased by 4% each cycle. Severino has shared his thesis on this analysis, highlighting that instead of a 77% to 84% correction, the…
Filed under: News - @ March 4, 2025 5:26 am