Bitcoin sees record $10K drop as model says $93.5K may only return in 2028

Bitcoin fell by more than $10,000 in a single day for the first time, with BTC price bear market analysis warning that a rebound could take several years.

Bitcoin (BTC) liquidated billions of dollars going into Friday as BTC price action set bearish records.

Key points:

Bitcoin liquidates $2.6 billion as it sees its first red $10,000 daily candle ever.

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