$XRP History Repeats Itself: The Next Major Crypto Pump Cycles Followed by Major Corrections

The cryptocurrency market is no stranger to sharp increases and steep declines. Historically, every major price surge fueled by hype has been followed by a significant correction. Let's explore some key moments in Bitcoin's history, analyze the patterns, and assess what might happen next.

1. China's Cryptocurrency Approval (2019)

BTC Pump: Bitcoin surged to around $13,800 in June 2019 following speculation about widespread adoption due to China's interest in blockchain.

The Hype: Optimism spread as investors believed in the potential to revolutionize industries through blockchain.