Biggest #bitcoin price drawdowns from ATHs:
- Mar 2012: 85% down to $5
- May 2015: 80% down to $223
- Feb 2019: 80% down to $3.4k
- Dec 2022: 75% down to $16k
Biggest #bitcoin price drawdowns from ATHs:
- Mar 2012: 85% down to $5
- May 2015: 80% down to $223
- Feb 2019: 80% down to $3.4k
- Dec 2022: 75% down to $16k
One could suggest that the reason the drawdown in 2022 was only 75% could have been because the peak was rug pulled by China. Had it reached 100k its drawdown would have been 80%