The last time Bitcoin had 5 consecutive down months it bottomed. 58% drawdown during that period, this time we are at about 50%. The candles look bigger and are scarier but percentage wise very similar.

Good historical context. Similar % drawdowns, just louder candles.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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