Bitcoin has crashed more than 50% six times and one thing keeps happening
Bitcoin has fallen more than 50% six times - 94% in 2011 after Mt. Gox, 87% in 2013-15, 84% in 2018, 50% in two days in March 2020, the May 2021 crackdown selloff, and $69,000 to $17,500 in 2022 - and each followed the same shape: parabolic rally, blow-off top, sharp drop, relief rally, grind to the bottom, long consolidation, recovery.
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