William K⚡Santiago🔑☢️ on Nostr: Bitcoin's Volatility During the 2016-2018 Bull Run It's important to note that ...
Bitcoin's Volatility During the 2016-2018 Bull Run
It's important to note that Bitcoin's journey during the 2016-2018 bull run was not without its challenges. Over that period, the cryptocurrency experienced six significant draw-downs of approximately 30% each.
This volatility is a characteristic of the digital asset market, where sharp price fluctuations are not uncommon.
Despite these temporary setbacks, Bitcoin ultimately demonstrated its resilience, going on to reach new all-time highs and solidifying its position as a major player in the global financial landscape.
Published at
2024-05-01 17:47:30Event JSON
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