I still remember when Bitcoin was at $1,000 for the first time. The Economist ran a story and it was discussed nearly everywhere. The price fell by 30%+ after t

I still remember when Bitcoin was at $1,000 for the first time. The Economist ran a story and it was discussed nearly everywhere. The price fell by 30%+ after that. A few years later it was at $3,000. It's normal that markets crash when everyone starts talking about how high they are. Once booming stockmarkets make it to the front page of newspapers it's often the end of the boom. It wakes people up who realise they still have stocks (or bitcoin in this case) and quickly sell it. So the crash after hitting $3,000 was somewhat expected, given the attention in the media. Doesn't mean that it won't be strong over the next 2-3 years.