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Bitcoin's 41% Slide From Peak: History Points to Steep Gains Ahead

#webpronews#bitcoin#cycle#term#near#article
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Bitcoin sits roughly 41% below the record it set last October. The cryptocurrency touched more than $126,000 then. Now it trades near $73,000. Stocks have climbed 13% over the same stretch. Yet the digital asset’s latest retreat follows a pattern etched across more than a decade of market swings. The Motley Fool laid out the numbers on June 1. Bitcoin always finds its way back to fresh highs. Its path traces a rough four-year rhythm tied to halvings. The most recent one came in April 2024. More than halfway through the current cycle, the coin has entered territory that once signaled bear markets. Look back. The 2022 crash sliced 76% off Bitcoin’s value from its November 2021 top to the November 2022 bottom. Then came the rebound. It surged 154% in 2023. Another 119% followed in 2024. Such bounces have defined its story. Over the past 10 years the asset delivered roughly 13,700% returns. Sharp drops. Strong recoveries. The script repeats. But this time carries fresh wrinkles.…

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