Analyst Darkfost pushes back on $10,000 bitcoin call tied to 20% stock selloff
- —A fall to $10,000 implies -87% from current price and -92% from the all-time high
- —Past BTC max drawdowns: 82.5% in 2015, 82.6% in 2019, 74.4% in 2022 and 54.2% in 2026
- —In 2018 a 19.53% S&P 500 correction coincided with an 80% BTC drop, but in April 2025 BTC fell only 22%
Why it matters: The analysis challenges extreme bearish scenarios, arguing the link between S&P 500 corrections and bitcoin crashes is inconsistent.
Source: PANews