$BTC

Bitcoin's market recovery to its historical highs could be postponed until 2027 if the cryptocurrency falls below $60,000, according to recent data. According to BlockBeats, analysis indicates that Bitcoin has already retracted approximately 48% from its peak of around $126,000 in 2025. Historical patterns suggest that for every additional 10% drop, the recovery period extends by an average of 80 days. If $60,000 is the current bottom, a recovery might take about 300 days. However, if Bitcoin continues to decline to the $40,000–$45,000 range, the overall retraction could exceed 60%, potentially extending the recovery period to around 440 days, pushing the timeline to the second quarter of 2027.

On-chain indicators also suggest that the bottom has not yet been confirmed. The current Blockchain Comprehensive Market Index (BCMI) is approximately 0.27, which is higher than the historical bottom range of about 0.12–0.15, indicating further potential downside.

In terms of capital flow, pressure is mounting as large holders continue to sell. Data shows that the selling pressure from major holders has reached its highest level in nearly 18 months, while liquidity in both spot and futures markets is weakening. Institutional opinions suggest that the market is in a deep adjustment cycle, and if the macroeconomic environment remains tight, including high interest rates or potential rate hikes, it could further delay the recovery pace of the crypto market.