Bitcoin may drop below $60,000, with a recovery to previous highs potentially extending to 2027.

ChainCatcher report, according to Cointelegraph, latest data suggests that if Bitcoin falls further below $60,000, the time required for the market to recover to its all-time high could be delayed until 2027. Analysis indicates that Bitcoin has retraced approximately 48% from its peak of around $126,000 in 2025; historically, each additional 10% decline extends the recovery period by an average of 80 days. If $60,000 serves as the current support level, a full recovery is estimated to require approximately 300 days. However, if Bitcoin continues to decline to the $40,000–$45,000 range, the overall retracement could exceed 60%, extending the recovery period to roughly 440 days and pushing the timeline beyond Q2 2027. On-chain metrics also indicate that the bottom has not yet been confirmed. The Blockchain Market Index (BCMI) currently stands at approximately 0.27, above the historical bottom range of 0.12–0.15, suggesting further downside potential. On the funding side, continued selling by large holders is intensifying pressure: data shows that large-scale selling has reached its highest level in nearly 18 months, while liquidity in both spot and futures markets has simultaneously weakened. Institutional perspectives suggest the market is currently in a deep correction phase; if macroeconomic conditions remain tight—including sustained high interest rates or further rate hikes—the pace of recovery in the crypto market could be further delayed.