At this point, BTC is very much known for its extremely high volatility (source: look at the price history since inception).
There hasn't been a single year since it launched where it hasn't displayed outrageously wild swings: at this point, it's pretty clear that the wild volatility is an intrinsic attribute of this particular asset class.
Therefore: not a crash, just Bitcoin's business as usual.
Crashes don’t have to be rare either- frequency does not negate them from being crashes
you can start by seeing some of the the accepted definitions here [1]
While you may have expected crashes in bitcoin to be that hard (good for you) most investors, dozens of high profile funds/exchanges/crypto businesses did not expect bitcoin to fall to 20k USD and have failed.
At this point, BTC is very much known for its extremely high volatility (source: look at the price history since inception).
There hasn't been a single year since it launched where it hasn't displayed outrageously wild swings: at this point, it's pretty clear that the wild volatility is an intrinsic attribute of this particular asset class.
Therefore: not a crash, just Bitcoin's business as usual.