Looking back at Bitcoin, every crash has brewed wealth

2011: A 94% drop, Bitcoin plummeted from $32 to $2 due to a hacker attack.

2013: A 90% drop, from $1000 down to $100, the first round of regulation from China.

2017–2018: Another 84% crash, from $19,000 to just over $3,000, the whole market bubble burst.

2021–2022: Yet another 77% drop, from $69,000 to $15,000, triggered by the Fed's interest rate hikes and the FTX meltdown.

2025–to this year: From last year's $126,000, it has crashed to $60,000 now, due to a significant drop in hype within the crypto space and severe capital outflows.

So, each round of downturns is a breeding ground for a new rise, just waiting to shoot higher next time.