Opinion: Bitcoin May Be Nearing the End of This Pullback, Down ~10% from Its Recent High

On October 25, trader Killa shared an analysis of the current bull market’s pullback pattern: during the previous bear market, Bitcoin’s peak decline reached 77%–78%; in the subsequent bull run—before peaking near the all-time high of ~$126,000—the largest correction observed was 20%–22%. By comparison, the current bear market saw a roughly 54% drawdown; proportionally extrapolating this ratio suggests that major pullbacks during the ongoing bull phase may fall within a 10%–15% range. So far, Bitcoin has retreated approximately 10% from its recent high, leading Killa to conclude that this correction may already be nearing its end—and that further upside remains viable.