[Analysis] "Bitcoin may struggle to reclaim its peak this year if it falls below $60,000"

An analysis suggests that if Bitcoin (BTC) falls below $60,000, a recovery to its previous peak could be delayed until 2027.

According to CoinMarketCap, a website that provides cryptocurrency market data, Bitcoin was trading at $66,471 as of 5:15 p.m. KST on the 28th, down 2.71% from the previous day. That is about 48% below its 2025 peak.

Analytics firm Econometrics said it found a clear correlation between the size of a price decline and the time it takes to recover. It added that if Bitcoin drops below $60,000, the rebound could take a long time.

The report explained, "The larger the drawdown, the longer the recovery period tends to be," adding, "If Bitcoin falls further and the decline deepens, it may take more time to regain the previous high."

Based on past cases analyzed in the report, the recovery period increased by about 80 days for every additional 10% drop in price. Applying the current 48% drawdown from the peak, the recovery period was estimated at about 300 days.

The market is also raising the possibility that a bottom has not yet been formed. Cointelegraph said, "If Bitcoin drops below $60,000 and the drawdown widens to 60%, the recovery period could extend to around 440 days, delaying the return to the peak until after the second quarter of 2027."