đ Bitcoin is down ~45% from its $126K peak.
Heavy? Yes.Unprecedented? Not even close. đ
Letâs zoom out and look at Bitcoinâs Max Drawdown history â a clear story of market maturation đ
đ§š 2011: -93% â The Wild West
đŠ 2014: -86% â Mt. Gox Era
đȘ 2018: -84% â ICO Bubble Burst
âïž 2022: -77% â Leverage Flush
đ 2026 (Now): -45% â So farâŠ
đ Notice the pattern?
Each cycleâs pain gets shallower as Bitcoin grows up.I donât think itâs the most likely outcome â but if history rhymes, a -70% drawdown could be the maturation target.
âSo hereâs the real question:
đč Was $60K the local bottom?
đč Or are we just entering a deeper crypto winter?
Conviction gets built where comfort disappears. đ
Whatâs your take? đ

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