Bitcoin recovering from drawdown 3.1x faster than after 2022 crash
- —Bitcoin retraced 48% of its drawdown in 113 days versus 348 days in the 2022 cycle
- —In the prior cycle the market stalled at 30–45% recovery for nearly a year
- —The trader attributes the speed to accumulation by 'strong hands' who don't sell into declines
- —Only two cycles are compared, so a repeat is not guaranteed
Why it matters: The faster recovery points to a shift in holder behavior, but without a new price high the case for a trend change remains premature.
Source: BeInCrypto RU