In the ongoing bull market cycle, there has been a correction in BTC’s price, exceeding 28% during its bullish phase. Overall, the most drawdowns recorded in this fourth cycle have stayed within a 10% to 20% range.
Considering this new trend, the expert believes that this cycle is already different in both its structure and dynamics, moving away from the early BTC cycle pattern. A wave of different players often triggers a shift in a cycle trend.