2024

2026

would

Bitcoin

<h2 id="b-tldr-b">TLDR:</h2>
<ul>
 <li style="font-weight: 400">Bitcoin fell 6.34% in 2025 and is down 15.65% in 2026, trading near $73,850 as of November 10.</li>
 <li style="font-weight: 400">A recovery above the $87,500 opening price, an 18.5% gain, would prevent two straight losing years.</li>
 <li style="font-weight: 400">The two-year decline totals about 21%, far below the 73.56% loss in 2018 and 64.27% drop in 2022.</li>
 <li style="font-weight: 400">Measured from the $126,000 October 2025 peak, Bitcoin’s drop exceeded 50% after falling below $58,000.&nbsp;</li>
</ul>
Bitcoin annual losses may extend to a second straight year for the first time in the asset’s 18-year history. The cryptocurrency fell 6.34% in 2025 and has dropped another 15.65% in 2026. 
It traded near $74,107 on November 11. To avoid back-to-back red years, Bitcoin must climb above its 2026 opening price of roughly $87,500 before December 31. Only 50 days remain for the market to complete that recovery this year.
<img src="https://blockonomi.com/wp-content/uploads/2026/11/clipboard-image-1794436840.png" alt="" width="1391" height="853">
Source: <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">Coingecko</a>
<h2 id="b-bitcoin-annual-losses-would-break-an-18-year-pattern-b">Bitcoin Annual Losses Would Break an 18-Year Pattern</h2>
Historical data shows every negative calendar year for <a href="https://blockonomi.com/bitcoin-slips-below-73000-as-core-inflation-hits-feds-rate-hike-warning-line/" rel="noopener noreferrer nofollow">Bitcoin</a> has been followed by a positive one. Even the 2018 and 2022 bear markets did not produce consecutive annual declines. 
A finish below $87,500 would end that pattern. The pattern has held since the cryptocurrency launched, which makes the current setup unusual.
At the November 11 price, Bitcoin needs a gain of about 17.6% to finish 2026 in positive territory. That level matches the annual opening price near $87,500.
<img src="https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2026/11/BTCUSD_2026-11-10_19-10-01-1.png@webp" alt="Bitcoin price data. Image: Tradingview">
Bitcoin opened 2026 near that price after the 2025 decline. If the price falls short, the two-year streak becomes official on December 31. In that case, Bitcoin annual losses would stretch across 2025 and 2026.
A third consecutive decline in 2027 would extend the streak further. However, that scenario remains hypothetical at this stage. 
The streak would start from 2025, when Bitcoin ended the year 6.34% lower. Such a streak would be new in <a href="https://parameter.io/ubs-to-launch-bitcoin-trading-for-select-wealth-clients-in-switzerland/" rel="noopener noreferrer nofollow">Bitcoin’s trading</a> record.
<h2 id="b-two-red-years-look-mild-beside-past-crashes-b">Two Red Years Look Mild Beside Past Crashes</h2>
The combined decline from Bitcoin annual losses in 2025 and 2026 comes to roughly 21% after compounding. By comparison, Bitcoin plunged 73.56% in 2018. 
It fell another 64.27% in 2022. Those crashes erased most of investors’ holdings in each year. Both crashes were far steeper than any decline in the current streak.
<a href="https://moneycheck.com/strive-asst-stock-slides-6-despite-latest-bitcoin-buy/" rel="noopener noreferrer nofollow">Bitcoin’s</a> 2024 performance adds context. The cryptocurrency surged more than 120% that year. As a result, investors who bought at the start of 2024 would still hold substantial gains. That holds true despite the decline since then. The 21% combined loss remains smaller than either crash year.
Past rebounds also followed deep losses. Bitcoin gained roughly 92% in 2019 after the 2018 collapse. It then rose more than 155% in 2023 following the 2022 downturn. Each rebound arrived in the year right after the crash. Thus, a bad year has not led to a prolonged downturn so far.
<h2 id="b-peak-to-trough-drop-paints-a-deeper-picture-b">Peak-to-Trough Drop Paints a Deeper Picture</h2>
The picture changes when losses are measured from the market peak. Bitcoin reached about $126,000 in October 2025. It then fell below $58,000 during 2026. 
That move represents a decline of more than 50%. TradingView price data illustrates the gap between the peak and the lows.
The figure is far larger than the 21% combined loss in the two annual candles. The two annual candlesticks capture only the movement between each January and December. 
Streak length and loss severity also differ. A market can decline slowly across several years without one catastrophic year.
Analysts cite <a href="https://coincentral.com/cantor-fitzgerald-opens-kalshi-prediction-markets-to-institutional-investors/" rel="noopener noreferrer nofollow">institutional investors,</a> spot exchange-traded funds, and deeper liquidity. These factors may explain the smaller bear-market drawdowns. 
However, they have not removed major price crashes. As a result, Bitcoin’s current cycle looks different from earlier ones.
The post <a href="https://blockonomi.com/bitcoin-annual-losses-on-track-for-first-back-to-back-streak-in-18-years/" rel="noopener noreferrer nofollow">Bitcoin Annual Losses on Track for First Back-to-Back Streak in 18 Years</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

Bitcoin Annual Losses on Track for First Back-to-Back Streak in 18 Years

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