$HOOD
Trending UpSnapshot Window: 2026-09-04 06:00 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
BULLISH: Bitcoin is going through its shallowest bear market on record, according to Galaxy Research. 🔥 The current cycle is still around 62% of its peak, far stronger than prior bear markets that fell toward 20%–30% of their highs.
AI visual note: A chart from Galaxy Research titled "Cycle Drawdowns – BTC Price Indexed To 100 At Each Cycle High (400 Days Forward)" compares Bitcoin's price performance over 400 days following each cycle high since 2011, showing drawdowns of roughly -87% (2011), -81% (2013), -84% (2017), -87% (2021), and a much shallower -38% in the current cycle. The current 2025 line stands at around 62, highlighting that the ongoing cycle has been the most resilient, directly supporting the post's bullish claim about Bitcoin's shallowest bear market on record.