BTC Significantly Dropped in Previous Cycles: Analysis of Historical Declines

Over the past few years, Bitcoin has experienced multiple bear markets where the price dropped sharply from its all-time highs. Analyzing these decline periods provides valuable insight into BTC’s behavior patterns at different stages of its evolution.

Decline Patterns in Previous Cycles

The 2013–2015 cycle recorded the most severe percentage decline. The price reached a peak of approximately $1,163 before falling to $152, representing an -87% decrease. This was a period of intense volatility that marked the first significant cycles in the cryptocurrency market.

Later, in the 2017–2018 cycle, the pattern repeated with even higher figures. BTC rose to $19,783 and then dropped to $3,122, an -84% reduction. This cycle solidified the pattern of severe bear markets characteristic of the asset in its early maturation stages.

During the 2021–2022 cycle, although the maximum price was considerably higher ($69,400), the relative decline was less deep. The price fell to $15,480, recording a -77% loss. This trend suggests a gradual change in the nature of correction cycles.

The Current Drop in Context

In the current cycle, an approximate maximum of $126,208 was reached. However, the lowest recorded so far is around $59,978, representing a decline of about -53%. Compared to previous cycles, this correction is notably less severe.

Interpretation: Market Evolution or Prolonged Decline?

The progressive decrease in the severity of declines could be interpreted in two ways. On one hand, it may indicate the growing maturity of the Bitcoin market, where extreme cycles are smoothing out with increased institutional adoption and stability. On the other hand, it cannot be ruled out that the current bear market has not yet completed its downward trajectory and that falling to even lower levels remains a real possibility. Historical evidence from BTC suggests that close monitoring of upcoming price movements is necessary to determine whether this trend of less severe declines will establish itself as the new market norm.