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The evolution of BTC Bitcoin drawdowns decrease by a smalle | Biko

The evolution of BTC

Bitcoin drawdowns decrease by a smaller percentage after each new historical high

Drawdowns from peak to low:
2012: -93%
2015: -85%
2019: -83%
2022: -76%

People are buying Bitcoin at the bottom of the cycle earlier than ever
The level at which BTC is "inexpensive" is only growing