📉🤔 #BTC Analysis: At a 47% drawdown, BTC's current bear market is modest by historical standards. previous cycles have seen drawdowns of over 90%. The #trend shows cycles gradually softening over time, pointing to a potential bottom somewhere in the 60-70% range for Bitcoin. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📉🤔 #BTC Analysis: At a 47% drawdown, BTC's current bear market is modest by historical standards. previous cycles have seen drawdowns of over 90%. The #trend shows cycles gradually softening over time, pointing to a potential bottom somewhere in the 60-70% range for Bitcoin. #crypto