Let's do a statistical analysis of Bitcoin.

The chart you see is the daily drawdown chart of #Bitcoin . When we look at this chart, we can easily see the declines from the peak. I can say that in major declines, #BTCUSDT consolidated below 75% and rose to the ATH level again. According to this chart, we are currently 36% away from the peak. Only an increase of 56% would be sufficient for it to peak again.

It should not be forgotten that those who hold it generally earn more in this market. 95% of traders and I think more are making big calls.

This is a sharing for informational purposes. It does not contain investment advice.