Bitcoin Dips Below $60,000 and History Points to What Comes Next
Yahoo Finance ·
As soon as Bitcoin ( BTC +0.12% ) dipped below the $60,000 price level in June, alarm bells went off. Bitcoin hasn't been this low since October 2024. It's now down nearly 50% since hitting an all-time high of $126,000 in October 2025. If history is any guide, though, Bitcoin may have already bottomed out. It's certainly a risky move, but buying Bitcoin now may turn out to be one of the smartest investments you make this year. Here's why. Let's start with the obvious: Bitcoin is highly cyclical, trading in four-year cycles of boom and bust. The timing is not Swiss-clock accurate, but Bitcoin typically has three very good years before having one very bad year. Just look at the historical data. Bitcoin had good years in 2019, 2020, and 2021 before collapsing entirely in 2022. Bitcoin had good years in 2015, 2016, and 2017, before collapsing entirely in 2018. The same pattern played out from 2011 to 2014.
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