Crypto Australia🇭🇲🇭🇲

📊 Over the past seven years, Bitcoin's annual return has averaged around 44%, while other major assets' returns have averaged 5.7%. By Crypto Australia

#BTC pushing as per the plan and kinda slow now, price now reached the Resistance Formed on Daily and will act as the obstacle for it. Therefore, price is still expected to reach the major resistance and continue the range. Monthly, closing already done and its constitutive bullish for 5 months now, so eyes on weekly closing now. By Crypto Australia

🇺🇸 BlackRock advertising their spot #Bitcoin ETF on Wall Street "SPOT BITCOIN ETFS ARE HERE" By Crypto Australia

a heightened level of resilience can be noted across our current cycle, with corrections from the local high remaining relatively shallow. The largest drawdown thus far has been -20.1% set in August 2023. This insight becomes increasingly pronounced when we count the proportion of days which traded at a deeper correction by comparison: 🟠 Genesis to 2011: 164-of-294 days (55.7%) 🔴 2011 to 2013: 352-of-741 days (47.5%) 🔵 2015 to 2017: 222-of-1066 days (20.8%) 🟢 2018 to 2021: 514-of-1056 days (48.7%) By Crypto Australia

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