Each $BTC cycle drawdown is getting softer:
-93% in 2011
-85% in 2013-15
-77% in 2018
-73% in 2022
~55% now
As Bitcoin matures, volatility compresses. The crashes hurt less. Market structure is evolving.
$BTC is learning to absorb punches. 💪
-93% in 2011
-85% in 2013-15
-77% in 2018
-73% in 2022
~55% now
As Bitcoin matures, volatility compresses. The crashes hurt less. Market structure is evolving.
$BTC is learning to absorb punches. 💪