HedgingChaos

BTC Macro Drawdown Historical Review

Short
INDEX:BTCUSD   Bitcoin
Using historical BTC drawdowns on the weekly charts, I calculate a simple average duration and drawdown percentage based on the starting point of the bearish LMACD cross and again on the first bullish LMACD crossing, and use the historical averages in duration and price drawdown to estimate potential scenarios for a similar drawdown position here.
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