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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #871 14.1K
If we compare the Bitcoin ATH break in prior cycles, it could be argued that current Euphoria phase (market in price discovery) is still relatively young.

Previous Euphoria phases have seen numerous price drawdowns exceeding -10%, with the majority being much deeper, with 25%+ being commonplace. The current market has seen just two ~10%+ corrections since the ATH was broken.

Discover more in the latest Week On-Chain below 👇
https://glassno.de/43OJxEt
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