IS THE CYCLE LOW REALLY IN?
Bitcoin is currently trading about 53% below its all-time high, leading to renewed debate over whether the market has already found its bottom.
Here's how previous bear markets unfolded:
• 2015: ~86% drawdown
• 2018: ~82% drawdown
• 2022: ~78% drawdown
• Current cycle: ~53% drawdown so far
Some analysts believe each cycle has produced smaller declines, while others argue one final correction could still be ahead.
The $50K region is now one of the most closely watched support levels, as a move toward it could attract significant buying interest.
For now, the battle between bulls and bears isn't over the next reaction around key support may determine the market's next major trend.
$TRB $TIA $WLD
Bitcoin is currently trading about 53% below its all-time high, leading to renewed debate over whether the market has already found its bottom.
Here's how previous bear markets unfolded:
• 2015: ~86% drawdown
• 2018: ~82% drawdown
• 2022: ~78% drawdown
• Current cycle: ~53% drawdown so far
Some analysts believe each cycle has produced smaller declines, while others argue one final correction could still be ahead.
The $50K region is now one of the most closely watched support levels, as a move toward it could attract significant buying interest.
For now, the battle between bulls and bears isn't over the next reaction around key support may determine the market's next major trend.
$TRB $TIA $WLD