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The History of Corrections in Bitcoin Since 2015
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Bitcoin is a volatile asset and will continue to be so until it is eventually priced to reflect the demise of the legitimacy of fiat currencies. Over time most major global financial assets will be expressed in BTC rather than USDs, so it will be the price of those assets that will become volatile. Rather than being the a speculative asset, Bitcoin will become the standard of value.
The corrections of each major bull cycle since 2015 have become milder as Bitcoin has matured.
The corrections in the bull market that began on the Nov 21, 2022 bottom have been extremely mild. The longest (34 weeks) and most extensive correction of this bull cycle at -33.5% officially ended Nov 6.
Sorry for the quality of table. Give me a break. I am approaching 80 years old.
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Strong Opinions, Weakly Held