According to Bijiawang, Bitcoin has experienced 21 major price crashes since its inception, with each decline followed by a stronger recovery. Recent market volatility saw Bitcoin fall near $85,000, but it has held up due to ongoing bullish momentum. Historical data shows Bitcoin typically crashes every 18 months, with 21 instances of over 30% declines in the past decade, seven of which exceeded 50%. Analyst Anthony Pompliano noted this pattern resembles a 'global financial crisis' every 18 months, highlighting the resilience of Bitcoin holders.
Bitcoin Has Crashed 21 Times in History, Always Rebounding Stronger
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