Bitcoin historical prices between the bottom and the ATH.

- 2011 cycle (ATH: $29–$32 → bottom: $2): 93% drop.
- 2013–2015 (ATH: $1,150–$1,200 → bottom: $170–$200): 87% drop.
- 2017–2018 (ATH: $19,800 → bottom: $3,200): 84% drop
- 2021–2022 (ATH: $69,000 → bottom ~$15,500–$16,000 ): 78% drop.
So we have witnessed currently an ATH of $126k 2025, possible button considering the 80% drop from past histories, 80% from $126k would bring BTC to bottom price between $30k to $40k range.
and usually from history it happens nearly 1 year from the last ATH.
so we clearly not at the bottom, but a bounce from here can not be ruled out completely.