A 49% drawdown needs about a 94% gain to fully recover. Drops and recoveries are not symmetric, and the starting price sets the distance.
The whole-market realized price, near $52,750, marks the aggregate break-even and a deeper structural support beneath current price.
Price has been in a broader downtrend that began after Bitcoin reached roughly $82,000 in May 2026.
Recovery math shows the distance, not the odds. Watch weekly trend, spot demand and reclaimed levels holding before assuming a new high is near.
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