In finance and TradFi (Traditional Finance), we have saying like "This time will be different". That is true and untrue.
True by nothing in life will repeat itself 100% accurately.
Untrue by there are always things to be different, just in small or big scale.
Let's see Bitcoin Price History with past bottoms and ATHs. You can do your own calculation with data from Coinmarketcap and run your own sheet or can simply look at this source. (https://twitter.com/ChartsBtc/status/1766550785259921580)
(https://pbs.twimg.com/media/GIQMDJCaQAAeBCM?format=png&name=900x900) (https://twitter.com/ChartsBtc/status/1766550785259921580)
Details are in the graphical chart so I don't type it here. Let me know what you feel most meaningful for you and your future investment in Bitcoin?
For me, it is % dip from ATHs, that are -93%, -85%, -84% and -77%.
Notes:
- It was posted first in that topic, on Bitcointalk (https://bitcointalk.org/index.php?topic=5488293.0)
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
- I did not compare information in the chart with my calculation as I only made a first one for price change from $32 to $1242, it is 38x, not 32x, so probably there are some minor inaccuracies but let's skip them and see an overview picture.