Bitcoin’s 50% Drop Called ‘Modest’ by Analysts
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders
Bitcoin’s 50% drop to $60K called modest by analysts, who say institutional flows show a maturing crypto market.
Bitcoin (BTC) fell to about $60,000 on February 5 after sliding roughly 50% from its peak near $126,000, according to the latest market note from Binance’s research arm.
The report argues that, compared with prior cycles, the scale and structure of the decline suggest a market shaped more by institutional capital and macro forces than retail speculation.
Drawdown Data and Macro Forces Shaping the Slide
In a post published February 13, Binance Research wrote that the current 50% pullback “represents a modest correction relative to prior cycles,” noting that BTC has logged nine separate drawdowns of that magnitude or larger.
Historical examples listed by the firm include two separate falls of 94% in 2010 and 2011, a 78% dip between November 2021 and November 2022, and an 84% collapse during the 2017 to 2018 bear market.
The report attributed the present decline to macro conditions rather than crypto-specific failures, pointing to firm labor data and policy uncertainty tied to the Federal Reserve as factors that have kept liquidity tight and reduced appetite for risk assets. The researchers added that capital has rotated toward AI-linked equities and defensive sectors, leaving digital assets competing for investor attention.
Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends.
We have a skilled team of full time crypto traders who excel in market analysis and trading.
Just visit the link above and see our stats, the accuracy of our signals and words of appreciation from our members
Comments
Post a Comment