btcusd (macro)BitcoinCRYPTO:BTCUSDNabiChart📉 Exact Historical Bitcoin Drawdowns + Current Cycle Prediction As seen on the logarithmic chart, Bitcoin has historically gone through brutal correction phases after every bullish cycle. Let's look at the exact numbers: 🔴 History of Past Drawdowns (Peak to Bottom): Cycle 1 (2011): -93.86% (Peak $31 ➔ Bottom $2) Cycle 2 (2014-2015): -87.13% (Peak $1,160 ➔ Bottom $150) Cycle 3 (2018): -84.00% (Peak $20,000 ➔ Bottom $3,200) Cycle 4 (2022): -77.00% (Peak $69,000 ➔ Bottom $15,400) 🧠Analyzing the Trend: Notice the very clear pattern: 93% ➔ 87% ➔ 84% ➔ 77% Due to institutional adoption (like Spot ETFs), increased liquidity, and market maturation, the intensity of Bitcoin's drawdowns has decreased by an average of 5-7% each cycle. Bitcoin is no longer that unknown asset from 2011 that can drop 93%. 🎯 Prediction for This Time (Cycle 5): If this declining trend continues, the next bear market (which will happen after we hit the peak of this current cycle) has a high probability of seeing a drawdown of around 65% to 70%. (For example: If this cycle's peak is around $120k, the next bottom would likely be in the $36k - $42k range, ofcourse maybe)