JUST IN: 🟠📉 #Bitcoin has spent ~75% as long in its current drawdown as prior bears but most prior bears ran even longer, per data from Glassnode. At 49% down

JUST IN: 🟠📉 #Bitcoin has spent ~75% as long in its current drawdown as prior bears but most prior bears ran even longer, per data from Glassnode. At 49% down, this bear is shallower than past cycles, arguing for patience over calling a bottom.⏳