馃 #BTC
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馃搲 Least Volatile Bitcoin Cycle to Date聽
The deepest drawdown in this cycle was -32%, recorded on 5 August 2024. Most drawdowns have only dipped -25% below local highs, highlighting that this is one of the least volatile cycles in Bitcoin鈥檚 history.聽
This stability reflects:聽
1锔忊儯 Strong demand driven by the launch of spot ETFs.聽
2锔忊儯 Growing institutional interest in Bitcoin as a long-term asset.聽
The cycle continues to demonstrate resilience amidst evolving market dynamics! 馃殌