Lark Davis: Bitcoin Correction Stopped Near 50%, Not the Old 80% Wipeout
- —Bitcoin trades at $83,948, up roughly 1% in 24 hours
- —Lark Davis calls the current drawdown the shallowest correction in BTC history
- —Past bear markets erased 75–85% of bitcoin's value
Why it matters: Shallower corrections support the case that institutional demand is cushioning bitcoin's drawdowns and reducing volatility.
Source: Coinotag
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