$BTC is currently down -45% from its $126k peak. 📉

While it feels heavy, let’s look at the Max Drawdown history of previous cycles. Notice the trend of diminishing severity as the market matures:

2011: -93% (The Wild West)

2014: -86% (The Mt. Gox Era)

2018: -84% (The ICO Bust)

2022: -77% (The Leverage Flush)

2026 (Now): -45% ...so far.

Though I don't think it has a big probability, if we follow the historical trend of shallower bottoms, a -70% drop would be the maturation target.

The big question: Is $67k the local bottom, or are we just warming up for a deeper winter❓ ❄️ 🧵👇

#WhenWillBTCRebound #JPMorganSaysBTCOverGold #BitcoinDropMarketImpact #BTC #WarshFedPolicyOutlook