$ETH 🪙 Bernstein analysts argue that Bitcoin’s current drawdown has shown far greater resilience compared to previous financial crises. Despite recent market volatility, Bitcoin has maintained a relatively stable floor, signaling growing investor confidence and institutional support. Unlike past downturns, where Bitcoin often plummeted dramatically, this time it has demonstrated strength amid broader macroeconomic uncertainty. Bernstein suggests this is a sign that Bitcoin is maturing as a digital asset and is beginning to behave more like a store of value. This resilience could attract even more long-term investors looking for stability in a decentralized and finite asset class.