Bitcoin
Glassnode Founder Rafael Puts Bitcoin Drawdown at 34.8%
TokenPost·October 29, 2026·1 min read
Glassnode founder Rafael puts Bitcoin's current drawdown at 34.8%, comparing it to declines 13 months after the peaks of the 2013, 2017, and 2021 cycles, which were all deeper. The comparison suggests the current correction remains shallower than historical post-peak pullbacks in prior Bitcoin market cycles.
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