For now #Bitcoin remains stuck in a drawdown that has lasted 53 days and bottomed -53% below the latest ATH.
That鈥檚 a big one if you compare it to BTC history.
But all assets have to deal with that. So let's put those Bitcoin corrections in context.
Time for a 馃У https://t.co/2LZEYl79gn
1/ Spoiler alert, all assets have to deal with periods of drawdowns.
So if we take say gold and some of the largest stocks by market cap the only question is: does Bitcoin stand out?
Let鈥檚 take a look. 馃憞
2/ #Bitcoin, Apple, Amazon, JPMorgan... everyone has had large drawdowns.
Take Apple. It is now the largest stock by market cap but that wasn鈥檛 a smooth ride.
Over its long history, the stock had to endure several corrections of more than 75%...
Check it out 馃憞 https://t.co/w7Xv9WmXiC