1. Correction after previous ATH:
2013: Correction reached 80% of ATH.
2017: Correction around 84%.
2021: Correction reached around 77% at the bottom of the bear market in 2022.
2. Average historical correction:
BTC correction after ATH usually ranges from 70%-85%, depending on market conditions (macroeconomic, adoption, or sentiment factors).
3. Factors affecting correction:
Bitcoin halving cycle.
Global sentiment towards cryptocurrencies.
Regulation and the impact of institutional adoption.