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Darkfost responds to a US stock market correction 20%would trigger BTC a plunge to 10000 USD View: The forecast is overly extreme and lacks historical support

PANews October 18 reported that, in response to the recent community view that a US stock market correction 20%would cause Bitcoin to plunge to 10000 USD, crypto analyst Darkfost wrote that if Bitcoin were to fall to 10000 USD, it would represent a decline of approximately 87%from the current price and a drawdown of approximately 92%from its all-time high. Historically, Bitcoin only experienced a maximum drawdown exceeding 2011 in 92%; 2015 in 2019, 2022, and 2026, maximum drawdowns were respectively 82.5%、82.6%、74.4%and 54.2%. Darkfost further noted that when the S&P 500 Index corrected by approximately 19.53%, Bitcoin fell by approximately 2018 in 80%, but in 2025, when the April S&P 500 Index likewise corrected by more than 19%, Bitcoin fell by only approximately 22%. Therefore, linking a US stock market correction of 20%to Bitcoin falling to 10000...

https://www.panewslab.com/zh/articles/01a14e5b-75bd-7420-ae56-47dea29e6570