In this week's Glassnode Clips, we focus on Bull Market Correc | Glassnode
In this week's Glassnode Clips, we focus on Bull Market Corrections:
- The analysis uses Workbench to isolate and examine significant bull market periods, color-coding each epoch for clarity. - It evaluates the depth of corrections within bull markets, assessing drawdowns from local highs to gauge the intensity of market dips. - The 2023 market cycle demonstrates resilience, with relatively shallow corrections and rare drawdowns beyond 20%, indicating a strong and steady upward trend for Bitcoin.
