As of December 17, 2025, Bitcoin is currently trading around $87,000, having pulled back significantly from its October all-time high of approximately $126,000. The $74,000 mark isn't just a random number; it represents a major "retest" of the 2025 lows seen earlier this spring. If the current bearish momentum continues, here is why that drop could happen and what it would mean: Why $74k is on the Radar Correction Cycles: Historically, Bitcoin often sees 30-40% drawdowns during bull cycles. A drop to $74,000 from the $126,000 peak would be a roughly 41% correction, which fits the profile of a "healthy" (though painful) market reset.