📊 Bitcoin Market Resilience

According to Glassnode, when evaluating the severity of corrections in the current bull market cycle, there is a notable increase in resilience. The largest drawdown recorded so far is -20.1%, showcasing a level of resilience compared to previous cycles.

$BTC

This insight suggests a potential shift in market dynamics and a higher level of investor confidence during corrections in the current Bitcoin bull market cycle. As always, continued monitoring of market indicators is essential for a comprehensive understanding of the evolving cryptocurrency landscape. 📈💪

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