đ BTC Historical Drawdowns: Key Insights
Over 14 years, Bitcoin bear cycles have dropped at least 75% from peaks, though each bottom tends to be less painful.
đ Current Cycle Projection: Potential bottom around $38,000 (based on past cycles, not a forecast).
âĄïž But markets have changed: ETFs, institutional demand, and new liquidity structures could disrupt historical patternsâor reinforce them.