This is pretty surprising…
BItcoin hasn't seen a single 30% drawdown since we made those lows during this cycle.
Check it out:
(Source: https://x.com/BitcoinNewsCom/status/1805723695383519252/photo/1)
Right now we are in the midst of a 22% drop, does that mean it needs to go lower?
Maybe, maybe not…
We are about to find out.