The more things change, the more they remain the same. You might be familiar with this saying. Bitcoin’s price has certainly seemed to reflect this, experiencing numerous crashes throughout the years, only to be declared dead once again.

Nevertheless, following each downturn, it has made a remarkable recovery, rewarding those who maintain their investments and ignore the surrounding noise.

Six-Year Anniversary

Six years ago, Bitcoin faced its most challenging moment during the COVID-19 crash. The global panic triggered an unprecedented downturn in cryptocurrencies, with Bitcoin suffering one of its most severe single-day percentage losses—nearly 50%, dropping from $8,200 to under $4,700.

In just under a week, Bitcoin plummeted from $9,000 to an alarming low of $3,720, losing around 60% of its value. Experts swiftly declared Bitcoin as ‘dead’ once more, pointing to its overwhelming volatility as a reason.

However, looking back, the situation wasn’t as clear-cut as it appeared at that time.

Not only did Bitcoin never return to those crisis levels over the following six years, but it surged tenfold by January 2021, eventually reaching an all-time high of $69,000 a year and a half later. By late 2025, it reached over $126,000, equating to a remarkable increase of more than 3,300% from its pandemic-induced low. Despite recent setbacks that brought its value down to $70,000, the gains since those dark days are noteworthy, as emphasized by Davinci Jeremie.

“Exactly 6 years ago, $BTC experienced its most brutal crash. Everyone called #Bitcoin ‘dead.’ Those who bought on that day are up 1,600% today.” — Davinci Jeremie (@Davincij15)

Sound Familiar?

As noted earlier, Bitcoin is currently trading about 50% below its October 2025 peak. Consequently, many are once again proclaiming it dead or predicting its imminent demise. But how many times must it rise from the ashes to win over skeptics? Perhaps this skepticism is inherent to Bitcoin’s nature, as it may not appeal to everyone just yet.

If you have faith in Bitcoin, don’t let the recent downturns diminish your belief. With correction phases likely to persist in this trillion-dollar asset, remember to appreciate the positives amid the challenging times. Investments should not be judged solely by their worst performances but rather by the overall journey—better days generally follow the harshest hours.