Bitcoin ($BTC), the probability of hitting a new all-time high by 2027 is almost 80%. $BTC Price history repeats itself.
Important points:
- Bitcoin has rebounded to $80,000, reducing the drawdown from its all-time high from 50% to 35%.
- History shows that similar events have resulted in new all-time highs within a year.
- Buffett Indicators may be pre-calling a new record high for Bitcoin of $160,000.
$BTC Price drawdown: odds favor new all-time high
new the study Network economist Timothy Peterson, published on Tuesday, shows what happens if: $BTC/USD recovers significant losses.
“I have observed every time Bitcoin went from a -50% drawdown to a -35% drawdown (as it is today),” he revealed in a post to X.
Bitcoin fell below $60,000 in late February, representing a drawdown of more than 50% from its all-time high of $126,200.
Since then, the situation has eased and the price is currently trading around $81,000. According to TradingView data, the pair is down 35% compared to its peak in October 2025.
$BTC/USD 1 week chart. Source: Cointelegraph/TradingView
As Peterson confirms in the accompanying chart, such movements have been a hallmark of price movements throughout past bear markets. But what’s more exciting for Bitcoin bulls is traditionally what happens next.
He added, “7 out of 9 times, we hit a new all-time high within a year.”
$BTC Price drawdown data. Source: Timothy Peterson/X
The last time a similar recovery occurred was at the end of the 2022 bear market, when maximum drawdowns reached just over 70%.
Data from on-chain analytics platform glass node It shows that it took until December 2023 for this correction to reach a 35% increase over the all-time high two years ago.
After that, Bitcoin’s highest price was updated in March 2024.
$BTC Price decline from all-time highs. Source: Glassnode
Bitcoin ‘looks cheap’ amid $160,000 target
Despite the uncertainty of the upcoming geopolitical and macroeconomic situation, Bitcoin is not without some bullish predictions this month.
Related: $BTC Next price target will be $85,000: 5 things to know about Bitcoin this week
Matthew Siegel, head of digital asset research at VanEck, compared Bitcoin to gold and offered a conservative estimate of $160,000 per coin.
Mr. Siegel reported on the meaning of the so-called Buffett Index (the ratio of the total U.S. stock market to GDP), named after Warren Buffett. $BTC Comeback movement.
“Bitcoin looks cheap,” he says. said I have X followers on Monday.
“If we recover the 35x XBT/XAU cross implied by the current levels of Buffett indicators, we are looking at $160,000, which is just catching up to where the stock already has.”
$BTC/USD vs Buffett indicator. Source: Matthew Siegel/X
This article was created in accordance with Cointelegraph’s editorial policies and is for informational purposes only. It does not constitute investment advice or recommendations. All investments and trading involve risk. Readers are encouraged to do their own research.
