{"id":102156,"date":"2026-06-12T15:03:02","date_gmt":"2026-06-12T15:03:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=102156"},"modified":"2026-06-12T15:03:02","modified_gmt":"2026-06-12T15:03:02","slug":"bitcoin-could-drop-another-20-to-48000-in-worst-case-scenario-bitwise-exec-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=102156","title":{"rendered":"Bitcoin Could Drop Another 20% To $48,000 In Worst Case Scenario, Bitwise Exec Says"},"content":{"rendered":"<div>\n<p>Bitwise Head of Research Europe <strong>Andr\u00e9 Dragosch<\/strong> said Friday that <strong>Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) faces up to 20% further downside from current levels, with the long-term holder cost basis near $48,000 as his max pain scenario.<\/p>\n<h3 class=\"wp-block-heading\">Three Support Levels Stack Between $48,000 and $61,000<\/h3>\n<p>Dragosch <a href=\"https:\/\/www.theblock.co\/post\/404561\/bitwise-dragosch-bitcoin-max-pain-48k\">mapped<\/a> out the structural supports sitting beneath current spot price at BTC Prague Thursday.\u00a0<\/p>\n<p>The 200-week moving average sits near $61,000, the realized price near $56,000, and the long-term holder cost basis near $48,000.\u00a0<\/p>\n<p>Each level represents a zone where historically buyers have stepped in, with $48,000 being the worst-case floor if all three give way.<\/p>\n<p>Despite the bearish downside scenario, Bitwise\u2019s experimental bottom-cycle probability model began ticking higher last week, even as on-chain indicators remain below the extremes that &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53168558\/bitcoin-could-drop-another-20-to-48000-in-worst-case-scenario-bitwise-exec-says?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" could drop another to in worst case scenario bitwise exec says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise Head of Research Europe Andr\u00e9 Dragosch said Friday that Bitcoin (CRYPTO: BTC) faces up to 20% further downside from current levels, with the long-term holder cost basis near $48,000 as his max pain scenario. Three Support Levels Stack Between $48,000 and $61,000 Dragosch mapped out the structural supports sitting beneath current spot price at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-102156","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102156"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102156\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}