Onchain Highlights DEFINITION: Bitcoin bull market corrections: drawdowns compared across previous cycles Bitcoin’s 2022+ cycle reveals a continuation of steep corrections, evidenced by multiple drawdowns exceeding 20% from peak values. This trend aligns with patterns observed in previous bull cycles, particularly the 2018-2021 period, where drawdowns reached as high as 61.8%. The consistent occurrence of […]
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Bitcoin’s 2022 bull cycle shows recurring deep corrections, aligning with historical patterns