Of course. Talking about crypto this will always be a possible scenario. Even in the stock market which is supposed to be way more stable it would be possible to se a total collapse.

What I would also like to ask is what sets the difference bitween a colpase and a correction? While bitcoin got close to half of its peak value, let’s remember that this high price was really shortly lived, while the current price is still higher than a couple of months ago.

Crypto market is highly volatile at this point, and, while risky, that’s one of the main reasons it is so interesting.

Glad you liked the image! It’s one of my favourite memes!