Just looking back at 2018 and honestly, that year was brutal for anyone holding bitcoin. The bitcoin price in 2018 collapsed hard - we're talking about a drop of more than 70% from the peak. It was actually the worst year on record for BTC at that time, which made a lot of people question whether crypto would ever recover.

I was reading some old market data and it's wild to think about how bad the bitcoin price performance was back then. Like, people were genuinely worried it was over. The entire market sentiment was so bearish, and every piece of news seemed to push BTC lower. That year basically wiped out most of the gains from the 2017 bull run.

It's interesting to look back now and see how bitcoin recovered from that. The 2018 bitcoin price crash looked catastrophic at the time, but it turned out to be just another cycle. Not saying history repeats exactly, but these extreme downturns do happen in crypto markets. Makes you think about long-term perspective vs. short-term panic.