Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?
Oil?
110 to 17 to 139 usd.
Jah crude and natural gas , silver, Apple in 07/09 ($26 to $12) and look where they are now or look at Delta Airlines from May 2007 - May 2008 ($21 to $4) and where they are today, or IBM after steady ramping up since '95 then inbetween Oct of 2001 and July 2002 they lost half of their value ($120 to $58) , only to recover, there are many many examples infact. (Exxon, BP, BA- Boeing, GM)