Bitcoin Just Crashed to $64,000. Could Bitcoin Return to $0.01?

You wake up. Check the chart. Bitcoin is sitting at $64,000. Down almost 50% from its peak. Your first thought: Is this the end? Your second thought: Should I buy the dip?

Bitcoin surged to nearly $120,000 in late 2025. Then the music stopped. Institutional investors rushed for the exits, and a famous “never sell” billionaire finally sold. Now the same question is on everyone’s mind:

Will Bitcoin recover?Or is this the beginning of a death spiral back to $0.01?

The short answer: Bitcoin crashing to $64,000 hurts. But a return to pennies is virtually impossible. Here is why—and exactly how to buy Bitcoin on WEEX.

Why Bitcoin Crashed to $64,000

The current bitcoin price drop to $64,000 is not because crypto is broken. It is because something else is stealing the spotlight. In mid-2026, a wave of blockbuster IPOs and private tech funding rounds is pulling institutional liquidity out of digital assets. Big fund managers are rotating into traditional stocks. That leaves crypto starving for fresh capital.

Then came the psychological gut punch. A crypto billionaire with a famous "never sell" pledge quietly sold a chunk of his holdings. Retail traders panicked. Leveraged longs got liquidated. The bitcoin crashes narrative went viral.

But here is the truth most headlines miss: A 46% drawdown from 120,000 to 64,000 is historically normal for Bitcoin. Past cycles saw 70-80% drops. This one is painful but textbook.

Bitcoin Price History

Look at the last 12 months. Late 2025 was euphoria. Bitcoin ripped past 110,000andtagged110,000andtagged120,000 by October. Institutional accumulation drove it. Then came the hangover.

By early 2026, profit-taking and tightening macro conditions pushed bitcoin price toward 60,000.Aprilbroughtareliefbounceto60,000.Aprilbroughtareliefbounceto80,000. But demand dried up. The rejection was fast and hard. Now Bitcoin sits at $64,000 in a classic lower-high structure. Bears have the short-term edge.

But history says something else. Every major crash in Bitcoin's history has been followed by a new all-time high. The infrastructure—mining hardware, custody platforms, institutional desks—is still intact. The network has never failed.

Will Bitcoin Go Back Up

Bitcoin price recovery depends on one number: $60,000.

If that floor holds, the market stabilizes. If it breaks, algorithms trigger a cascade toward the mid-$50,000s. That is the worst-case short-term scenario.

But the recovery trigger is outside crypto. If central banks pivot to looser monetary policy later in 2026, risk assets like Bitcoin rip higher. If IPO hype cools, capital flows back into digital assets seeking higher returns.

The institutional pipeline is still there. They are just waiting for better macro conditions.

Could Bitcoin Return to $0.01?

Every crash brings the same scary question: What if bitcoin price goes back to zero?

The honest answer: It would take a catastrophic network failure—a broken cryptographic algorithm or a sustained 51% attack. That is not happening.

Here is why a return to $0.01 is impossible even in a worst-case crash:

• Lost coins: An estimated 20-30% of all Bitcoin is permanently lost in dead wallets and forgotten hard drives. That supply cannot be replaced. Scarcity is hardcoded.
• Infrastructure sunk costs: Billions of dollars sit in mining rigs, power plants, and custody vaults. Miners would shut down and hold their reserves long before selling at pennies.
• Diehard buyers: Long-term holders, corporate treasuries, and even nation-states treat Bitcoin as pristine collateral. They buy the dip aggressively long before zero.

Want to know how to buy Bitcoin on WEEX while prices are down? Keep reading.

How to Buy Bitcoin on WEEX: Step-by-Step

You do not need a complicated DEX or a sketchy exchange. How to buy Bitcoin on WEEX is simple, fast, and secure.

WEEX offers zero fees, instant execution, and regulated custody. No slippage nightmares. No rug pulls. Just clean bitcoin price execution.

• Step 1: Go to WEEX and create an account. Email and phone sign-up takes two minutes.
• Step 2: Complete basic KYC and enable 2FA.
• Step 3: Fund your account. Bank transfer, card, or crypto deposit all work.
• Step 4: Search for BTC/USDT in the spot market.
• Step 5: Place a market order for instant fill at the current bitcoin price, or a limit order to buy your specific dip level.

That is it. No wallet config. No contract address hunting.

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Conclusion

Bitcoin crashing to $64,000 is painful, but it is not the end. A 46% drawdown is standard fare for this asset class. The network is fine. The institutions are still waiting on the sidelines. The only real question is whether you buy the fear or watch the train leave the station.

Panic selling now locks in losses. Buying the dip has historically printed money—if you have the patience to wait out the volatility.

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