The drawdown is indeed narrowing, but 50% is really not enough; we still need to wait for more people to despair.

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DanniéX
$BTC bear markets have become less brutal with every cycle

2011: -93%

2015: -87%

2018: -84%

2022: -78%

That said, I don’t think a 50% correction is enough

Too many people are already convinced the bottom is in

What do you think is going to be the bottom?
#Get2SharesOfSKHynixAtZeroCost
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