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Bitcoin Dips Below $60,000 and History Points to What Comes Next

Bitcoin has a long history of bouncing back from extreme market declines.

Bitcoin Dips Below $60,000 and History Points to What Comes Next

Published July 11, 2026 · Category: Finance

Overview

As soon as Bitcoin (CRYPTO: BTC) dipped below the $60,000 price level in June, alarm bells went off. Bitcoin hasn't been this low since October 2024. It's now down nearly 50% since hitting an all-time high of $126,000 in October 2025.

If history is any guide, though, Bitcoin may have already bottomed out. It's certainly a risky move, but buying Bitcoin now may turn out to be one of the smartest investments you make this year. Here's why.

Details

Let's start with the obvious: Bitcoin is highly cyclical, trading in four-year cycles of boom and bust. The timing is not Swiss-clock accurate, but Bitcoin typically has three very good years before having one very bad year.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.