TL;DR
Bitcoin previously surged past $100,000 in 2025 but has since dropped to around $78,267. An expert suggests this downtrend is part of a larger cycle, indicating a potential return above $100,000.
Bitcoin and crypto have already proven that six figures are achievable, with price surging past $100,000 and extending to a peak of $126,198 in 2025. However, the pullback that followed has since dragged Bitcoin down to around $78,267. Yet, rather than signaling the end of the cycle, one expert argues that this downtrend is part of a broader structure that points to a return above $100,000.
Bitcoin’s $100,000 Crypto Cycle
Crypto expert @TheRealPlanC recently stated in a tweet that the rally which carried Bitcoin beyond $100,000 did not occur under favorable economic conditions. Instead, he explained that it developed during a contractionary business cycle, a period that has historically constrained risk assets.
Even within that restrictive environment, Bitcoin advanced into six-figure territory, suggesting that underlying demand remained intact. As the expert notes, that strength was met with sustained selling. Long-term holders reduced exposure as prices climbed beyond $100,000, while traders guided by Bitcoin’s four-year cycle exited positions toward the latter part of 2025.
The decline that followed was intense but not driven by market structure alone. A combination of disruptions, including an exchange-related incident, institutional trading concerns, and heightened global uncertainty, added further strain. Despite these pressures, Bitcoin’s drawdown settled at roughly 52% from peak to trough, a level that, in the analyst’s view, reflects a correction rather than a collapse.
This sequence, as @TheRealPlanC frames it, recasts the $126,198 high. Instead of marking the end of the cycle, it begins to resemble the first peak in a market that has yet to fully play out.
When Bitcoin Could Climb Back Above $100,000