📊 Bitcoin: calm before the storm or confident consolidation?
Since the beginning of the current bull cycle (November 2022), #BTC has experienced only two significant corrections of over 30% — in August 2024 and April 2025. Both ended with a rapid recovery and new highs.
All other pullbacks fell within the range of 10–20%, serving as 'healthy shakeouts' without breaking the upward trend. The current drawdown is only -4.7%, the weekly SMA has dropped to -7% — this is a zone of calm consolidation within $100k–106k.
📈 The sequence 'deep drawdown → accumulation → upward impulse' has been confirmed multiple times in this cycle. And the narrowing amplitude of pullbacks is a sign of a mature, strengthening market.
🔍 With support at the $96k level and the absence of black swans, the bullish momentum remains strong, and the likelihood of new ATHs continues to grow.
