Bitcoin was first introduced in 2009. The Cryptocurrency experienced market volatility throughout its history. However, Bitcoin has always bounced back from any significant price drops. This includes long periods of bear market behavior, with some price declines lasting over nine months. Bitcoin has even gone through severe price crashes, including its latest crash in November 2022. However, its price has always evened out afterward and even climbed to new heights once again. 
When it launched, it had a value of $0, which climbed to $1 by April 2011. Just three months after that, the crypto’s price shot up by 2,960% to $29.60. By November of the same year, its price declined to a mere $2.05. In 2013, Bitcoin experienced some strong gains, trading at $123 by October. 
This is just a snapshot of the many price fluctuations and recoveries Bitcoin has experienced. Currently, Bitcoin is trading at around $43,000. Bitcoin’s resilience in overcoming a wide range of challenging market conditions is clear. It survived the 2020 pandemic and the 2022 crash of FTX, a major crypto exchange. BTC continued to gain in value even after major downturns; it doesn’t have the fragility of a crypto bubble.