DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Bitcoin Bitcoin News

Veteran Analyst Insists Bitcoin’s Historical Cycle Drawdowns Still Call the Shots

Veteran trader Peter Brandt dropped an image on Monday breaking down bitcoin’s five major bull runs, pointing out that every single one kicked off only after the market absorbed 75%-plus drawdowns. Brandt stressed there...

Veteran Analyst Insists Bitcoin’s Historical Cycle Drawdowns Still Call the Shots
Veteran trader Peter Brandt dropped an image on Monday breaking down bitcoin’s five major bull runs, pointing out that every single one kicked off only after the market absorbed 75%-plus drawdowns. Brandt stressed there are “no exceptions,” and if someone thinks they’ve found one, a trader “better have a great reason to bet against this […]

Original source

Read on Bitcoin News

Related market context