Bitcoin (CRYPTO: BTC) appears to be departing from its traditional four-year price cycle, according to industry expert Chris Burniske, who suggests the apex cryptocurrency will see milder drawdowns in the future.
What Happened: Burniske on Wednesday on X predicted that under a supportive U.S. administration, crypto could enter a “Goldilocks period,” marked by steadier growth and less extreme drawdowns.
For major assets like Bitcoin and Ethereum (CRYPTO: ETH), corrections of 85–95% may become a thing of the past. Instead, drawdowns could moderate to around 60%, particularly with the 200-week simple moving average (SMA), currently near $40,000, providing reliable support.
While drawdowns will persist, they are likely to be less …
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