Analyst: Historical average drawdown in Bitcoin bull markets is 14.39%. If further pullback occurs, $74,500 could become a key reference level.
CryptoQuant analyst MAC_D stated in a post that BTC's average drawdown during bull market cycles can serve as a reference for the current price correction. Data shows that the average drawdown across the prior five bull market cycles was 14.39%, while the drawdown for the 2022-2025 cycle was relatively modest, at approximately 7.58%.