This Bitcoin Dump Is Normal - But For How Long?In this analysis I want to take a look at the BTC_ATHDRAWDOWN indicator, which tells us how much percent BTC is trading under the current all-time high. Every time that BTC makes a new all-time high this indicator reaches a value of 1.
As seen on the chart, BTC has seen a lot of big drops during bu
🔥 Bitcoin On-Chain: Completely Normal Correction!In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months.
As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during
Bitcoin All Time High Drawdown - Bottom has been in.This chart shows the amount price has dropped from all time high to all time low during each bitcoin market 'cycle'. Each cycle's price action obviously being fueled by Bitcoin's Proof of Work Halving.
As you can seek, the bottom trendline (market bottoms) shows a 4 degree slope upwards, with th
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Displays a symbol's price movements over previous years to identify recurring trends.