The article discusses Bitcoin's bull cycle in 2024 and highlights the fact that it had the smallest drawdowns and lower volatility compared to previous cycles. The most significant slide for BTC occurred when it lost 32% of its value, but since then, drawdowns and volatility have decreased further. The current price of BTC is $96,071.21, and it retains its dominance in the market. The article also mentions that traders are more cautious, and whales are buying during every dip. The inflow of stablecoins and corporate buying, as well as the involvement of ETF buyers, have contributed to the relatively low volatility. There are predictions that BTC may reach as low as $85,000 before starting its next bull market. The current price is still in the accumulation range, and there is no indication of a market peak. The fear and greed index suggests a short-term bullish outlook.



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