Technical Drawdown Time2recover Drawdown Time2recover
Bitcoin
This counts consecutive months Bitcoin has traded below its all-time high.
Why it matters
It measures how long the market has been in a drawdown from its peak.
How it is built
Months where the monthly close stays below the ATH are counted consecutively.
What to watch
Long streaks below ATH characterize bear markets; a break above ends the streak and confirms recovery.
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