Bitcoin (CRYPTO: BTC) dropped roughly 50% from its October all-time high instead of the 80%-90% crashes seen in previous cycles, signaling market maturation, though Bloomberg's Mike McGlone still predicts a fall to $10,000. The Shrinking Crash Pattern Bitcoin crashed 87% from $1,163 to $152 after the 2013 peak and 84% from $20,000 to $3,122 in 2017.