Eh I dunno man. Again I want this to be true but I don't see it. Here is rolling 100-day standard deviation for BTC ... certainly lower than 2011-2013 but looks to me to be roughly the same vol since call it 2015...
I can`t get the idea of this thread. BTC is a long term game with ups and downs for sure but that`s normal.
so do you mean bitcoin drawdown this year will be less (in percent) than any years before ?? is it implying that we already in bottom price of bitcoin too?? Its good thing you find there, but i think bitcoin will still make bottom price before any new high. too bad crypto is a new market, the data we have is pretty small compared than other market
It's too early to tell. If BTC doesn't fall below $30k in the coming months, then the maximum drawdown would have been around 55% (for coins bought @ $65k in April). There's no way of knowing if $30k was the bottom. It's anyone's guess what might happen next year.
If BTC is truly tracking the SP now, which WTI started doing in a fashion last year, then BTC should have no problem avoiding that 30K level.