š„ #BTC
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š Least Volatile Bitcoin Cycle to DateĀ
The deepest drawdown in this cycle was -32%, recorded on 5 August 2024. Most drawdowns have only dipped -25% below local highs, highlighting that this is one of the least volatile cycles in Bitcoinās history.Ā
This stability reflects:Ā
1ļøā£ Strong demand driven by the launch of spot ETFs.Ā
2ļøā£ Growing institutional interest in Bitcoin as a long-term asset.Ā
The cycle continues to demonstrate resilience amidst evolving market dynamics! š