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JK007
@jk007007
Was $53.5k the Bitcoin bottom ? #Bitcoin has recorded its deepest drawdown for the current cycle. Currently trading more than -26% below the ATH. This downtrend has been notably shallower than previous cycles. In the 2011ā13 bull market š» The maximum drawdown was 71%. In the 2015ā17 bull market š» The maximum drawdown was 36%. In the 2018-21 bull market š» The maximum drawdown was 63%. In the 2023-24 cycle š» The maximum drawdown to date is 26%. Do you think we are going to see more such huge dumps during this cycle? š
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