Bitcoin’s latest rally upends traditional market expectations with shallower drawdowns

exchange68September 11, 2024

0 0 2 minutes read

The latest Bitcoin cycle has shattered conventional expectations about its price movements during bull runs, leaving seasoned investors scratching their heads. Starting from an unassuming November low, the digital currency’s journey to its staggering current peak defies the traditional ebb and flow expected from such a volatile market. Historical data points toward inevitable 30% corrections in bull markets, yet this cycle’s most significant dip barely scratches the 20% mark. But it’s what happens next, following a seemingly modest correction post-ETF launch, that’s stirring up the crypto community. As Bitcoin ascends from the ashes of its lukewarm downturns, the question that begs an answer is: are we witnessing the maturation of Bitcoin as a mainstream asset, or is there another force at play guiding its unprecedented rally? Join us behind the paywall to uncover the intricacies of this cycle that could redefine the future of cryptocurrency investing.

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