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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #904 13.5K
After recording the deepest correction on a closing basis since the FTX lows (-20.3%), Bitcoin has recovered back towards the ATH, reaching $71k on 20-May.

From a comparative point of view, the drawdowns pattern across the 2023-24 uptrend appears to be remarkably similar to the 2015-17 bull market.

Discover more in the latest Week On-Chain below 👇
https://glassno.de/3wS4sKE
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