SIGNAL: Bitcoin may be carving out a more durable bottom. 📈
Historically, $BTC bear markets have seen drawdowns closer to 80% from the cycle peak. This time, Bitcoin fell roughly 50%, much shallower than prior cycles at a similar stage.
Grayscale says this week’s rally could be an early sign that the worst of the bear market is behind us.$BTC
Historically, $BTC bear markets have seen drawdowns closer to 80% from the cycle peak. This time, Bitcoin fell roughly 50%, much shallower than prior cycles at a similar stage.
Grayscale says this week’s rally could be an early sign that the worst of the bear market is behind us.$BTC