The post Bitcoin Slides 12% This Week, but Analyst Says Volatility Doesn’t Equal Failure appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin’s latest slide has once again stirred up predictions of collapse across social media and trading forums. Key Takeaways: Bitcoin’s latest decline has triggered panic, but analysts note the pattern matches past corrections. Eric Balchunas says BTC has historically recovered from deeper crashes before hitting new highs. The analyst cautions that Bitcoin remains highly volatile and suitable only for investors who can handle large swings. But even as fear rises, some market analysts are calling the reaction exaggerated — not because the price isn’t dropping, but because the pattern is nothing new. BTC is trading around $84,000, recovering slightly after a sharp intraday fall. The coin is still down more than 12% over the week, leaving sentiment fragile and split between dip-buyers and investors preparing for deeper losses. Bitcoin Has a Long Track Record of Violent Corrections To understand the divide, observers are revisiting Bitcoin’s history rather than its hourly chart. The asset has repeatedly gone through drawdowns far worse than the current one and has nonetheless broken new highs afterward. That’s where Bloomberg senior ETF analyst Eric Balchunas entered the conversation. Responding to the latest wave of “Bitcoin is dead” commentary on social media, he reminded traders that the steepest BTC crashes — including ones far deeper than this — happened before every major peak. Balchunas compared the pattern to what early shareholders of Amazon and Apple experienced: intense volatility on the way to long-term dominance. Why Bitcoin Keeps Drawing Strong Reactions Balchunas also pointed out that Bitcoin’s cultural impact plays a role in the emotional intensity of the debate. Across its history, the cryptocurrency has consistently challenged mainstream financial thinking, and that resistance has made it a target for critics. The phenomenon, he suggested, is part of why the asset never stays out of the spotlight —… The post Bitcoin Slides 12% This Week, but Analyst Says Volatility Doesn’t Equal Failure appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin’s latest slide has once again stirred up predictions of collapse across social media and trading forums. Key Takeaways: Bitcoin’s latest decline has triggered panic, but analysts note the pattern matches past corrections. Eric Balchunas says BTC has historically recovered from deeper crashes before hitting new highs. The analyst cautions that Bitcoin remains highly volatile and suitable only for investors who can handle large swings. But even as fear rises, some market analysts are calling the reaction exaggerated — not because the price isn’t dropping, but because the pattern is nothing new. BTC is trading around $84,000, recovering slightly after a sharp intraday fall. The coin is still down more than 12% over the week, leaving sentiment fragile and split between dip-buyers and investors preparing for deeper losses. Bitcoin Has a Long Track Record of Violent Corrections To understand the divide, observers are revisiting Bitcoin’s history rather than its hourly chart. The asset has repeatedly gone through drawdowns far worse than the current one and has nonetheless broken new highs afterward. That’s where Bloomberg senior ETF analyst Eric Balchunas entered the conversation. Responding to the latest wave of “Bitcoin is dead” commentary on social media, he reminded traders that the steepest BTC crashes — including ones far deeper than this — happened before every major peak. Balchunas compared the pattern to what early shareholders of Amazon and Apple experienced: intense volatility on the way to long-term dominance. Why Bitcoin Keeps Drawing Strong Reactions Balchunas also pointed out that Bitcoin’s cultural impact plays a role in the emotional intensity of the debate. Across its history, the cryptocurrency has consistently challenged mainstream financial thinking, and that resistance has made it a target for critics. The phenomenon, he suggested, is part of why the asset never stays out of the spotlight —…