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Bitcoin Falls 50% from $126,080 ATH, Creating Shallowest Bear Market in History

Prediction Market Price Volatility Price Prediction

2026-06-09 12:11:57

BTC-2.55%

According to CoinGecko data, Bitcoin has fallen 50% from its October 2025 all-time high of $126,080, marking the shallowest bear market in its history compared to 2012's 90% correction. Despite this meaningful pullback, analysts told Decrypt that the bear market bottom has not yet formed, citing ongoing ETF outflows and macroeconomic tightening as headwinds. Key support levels to watch are $60,000, followed by $55,000 and $45,000 if selling pressure continues. On prediction market Myriad, users have assigned a 72% probability that Bitcoin's next move will push it down to $55,000, up from 39% on June 1.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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