Bitcoin Price: Bitcoin Is Down 43% From Its All-Time High—Is Now the Time to Buy?

The April 2021 crash was one of the steepest. BTC fell from $64,500 to around $29,000 over three months, roughly a 55% drop driven by China's mining ban and Elon Musk pulling Tesla's Bitcoin payments. Six months later, BTC hit a new ATH of $69,000 in November 2021. The COVID crash in March 2020 followed a similar script—BTC dropped 50% in days, from around $10,000 to $5,000, then recovered to $64,500 by April 2021 in about 13 months.The 2017 bull run is the clearest example of how these mid-cycle drops work ...