◻️Analyzing historical price discovery corrections in Bitcoin can provide valuable insights. Here's a breakdown of the data:
*Historical Price Discovery Corrections*
1. *2013*: -75% in 13 weeks (severe correction)
2. *2017*: -34% in 3 weeks (relatively mild correction)
3. *2021*: -31% in 4 weeks (moderate correction)
4. *2025*: -25% in 11 weeks (current correction, shallower but longer)
*Key Observations*
1. *Depth*: The current -25% correction is shallower compared to historical corrections.
2. *Duration*: The 11-week duration of the current correction is more similar to the 2013 correction.
3. *Patterns*: Each correction has unique characteristics, but understanding these patterns can help investors prepare for potential future corrections.
Keep in mind that past performance is not a guarantee of future results. Bitcoin's price can be highly volatile, and corrections can occur at any time.
#MarketSentimentToday #MarketMeltdown #btc #CryptoNewss #fear&greed