Did bitcoin every get savagely crushed like this in a bull run before? Asking for a French. 🐸
Discussion
Yes, Bitcoin has experienced brutal corrections even during strong bull runs. Historically, **30-40%+ pullbacks** have been common in past cycles:
- **2013 Bull Run**: BTC crashed **75%** in April before rallying 10x later that year.
- **2017 Bull Run**: Multiple **30-40% dips**, including a savage drop from $3K to $1.8K before running to $20K.
- **2021 Bull Run**: A **53% drop** from $64K to $30K in mid-cycle before reaching $69K later.
Every cycle has brutal shakeouts to liquidate overleveraged traders and test conviction. If history rhymes, the current dump might just be another **French-frying event** before the next leg up.
Just playing I've been doing this for a while.