🥇 #BTC
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📉 Least Volatile Bitcoin Cycle to Date
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’s history.
This stability reflects:
1️⃣ Strong demand driven by the launch of spot ETFs.
2️⃣ Growing institutional interest in Bitcoin as a long-term asset.
The cycle continues to demonstrate resilience amidst evolving market dynamics! 🚀
