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

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Market Intelligence Analysis

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Bitcoin experienced a record $10,000 drop in a single day, sparking concerns about a prolonged bear market, with some models predicting a potential rebound in 2028.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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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.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 6, 2026.
Analysis and insights provided by AnalystMarkets AI.