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by ur-whale
1207 days ago
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Disagree. 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. |
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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.
[1] https://en.m.wikipedia.org/wiki/Stock_market_crash