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Grayscale (@Grayscale): #Bitcoin has experienced four extended drawdowns in its history . Using monthly data, the average peak-to-trough drawdown during these periods was 77%…

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#Bitcoin has experienced four extended drawdowns in its history . Using monthly data, the average peak-to-trough drawdown during these periods was 77%. Trend-following strategies can potentially be used to manage downside risks. Read the full report: grayscale.com/research/repor…

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