Bitcoin has been fluctuating for weeks, and currently rallying around N87,000 after tumbling to $76,606 in March, a 30% decline from its all-time high of $109,588 in January 2025.
The sharp fluctuations have put many investors in a state of uncertainty unsure whether to buy or sell to secure their gains. While some investors are cashing out, others see a golden opportunity to buy the dip.
So, what now? Should you sell before another crash, or is this just another shakeout before a bigger rally? To answer that, let’s look at the coin’s historical movement.
Early Growth and First Crash (2011 to 2012)
Bitcoin’s journey began in 2011 with a 10,000% surge—from $0.30 to $30. But then, disaster struck. The Mt. Gox exchange hack shattered investor confidence, dragging prices down to $2—a brutal 93% crash.
Nonetheless, Bitcoin rebounded. By December 2012, it was back at $12.
Breakthrough & Collapse (2013–2015)
2013 was explosive. Bitcoin rocketed from $13 to $1,242, only to plunge over 80% by early 2015. It bounced between $200 and $565, shaking off weak hands before climbing back to $1,000 in late 2016.
First Mainstream Boom (2017–2018)
Bitcoin mania took over in 2017. It moved from $900 to nearly $20,000. Retail investors flooded in. Then, in 2018, reality hit, an 80% crash brought it down to $3,200.
Recovery & The Pandemic Boost (2019–2022)
Bitcoin had a slow comeback. From $3,400 in early 2019, it climbed to $13,800 by June. It wobbled for months before taking off in 2020, due to institutional adoption and pandemic-driven demand.
By April 2021, it peaked at $69,000, a 2,000% rise from 2018’s low. But once again, after the hype, came the fall, $15,476 by November 2022.
The $100K Period (2023–2025)
Bitcoin kicked off 2023 at $20,000 and powered through $25,000, then $45,000 by January 2024. The bull run peaked in March 2024, when it hit $73,777 before briefly cooling off.
Then came the real breakthrough. By December 2024, Bitcoin crossed $100,000, eventually setting a new record of $109,588 in January 2025.
Now? We’re in correction mode. A 30% pullback has left traders wondering if this is a temporary dip or the start of a bigger collapse.
Buy or sell?
Bitcoin is no stranger to extreme crashes and surges. 30% drops are common, even in bull markets. Historically, every major crash has eventually led to a new all-time high.
But does that mean now is the right time to buy?
Reasons to sell
- Take Profits: If you bought at $40K or $50K, now’s a chance to lock in some profits before another drop.
- Prepare for More Corrections: If the market dips lower, you’ll have cash ready to buy back cheaper.
- Regulatory Risks: Governments worldwide are cracking down. A sudden regulatory blow could send Bitcoin tumbling.
Reason to buy
- It’s on Sale: Buying at approximately $87,000 is a 20% discount from the peak. If history repeats, Bitcoin will likely break new highs.
- Long-Term Growth: Despite every crash, Bitcoin has always recovered and gone higher. Analysts at Bernstein even predict a $200,000 price tag by late 2025.
- Scarcity Still Matters: With only 21 million BTC ever to exist, long-term demand should push prices up.
Bitcoin is high-risk, high-reward. Some traders will sell now and wait for a deeper correction. Others will hold for the long run, betting on a six-figure future.
Whatever you do, remember the golden rule: never invest more than you can afford to lose.
What’s your move? Sell, hold, or buy more? Let’s hear your thoughts.
[Featured Image Credit]
