Bitcoin Historical Drawdowns Suggest a Possible Bottom Below $30,000

Bitcoin has rebounded to the low-$60,000 range after topping above $120,000 in the 2025 bull run, but a cycle-based chart argues the downturn may not be finished. Using prior peak-to-trough declines of 83.90% (post-2017) and 77.91% (post-2021), the analysis shows a comparable 78.92% drop could imply a low below $30,000, while an institution-adjusted scenario favors $52,000.