How Low Can Bitcoin Go?

Bitcoin has fallen below $60,000, representing a 50% drop from its 2025 all-time high of $124,773. While the decline is significant, it's not unprecedented in Bitcoin's history—the deepest drawdown was 83%. The article suggests further downside is possible as aggressive traders may shift capital to the upcoming SpaceX IPO and prediction markets. However, Bitcoin has historically rallied to new highs after deep declines, though there's no guarantee this pattern will repeat.