Has the bitcoin price ever dropped like this in the past??

The current bearish Bitcoin price pressure has made a lot of traders and enthusiasts uneasy. It is evident there isn’t much to be excited about given the current circumstances, but there are precedents for this negative market pressure as well. An extensive bear market is nothing new, nor is a massive price decline following a new all-time high. Below are some very similar incidents which may put some people’s minds at ease.

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