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Price Drawdown from ATH

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Simple Moving Average0 Days ˅
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Metric Description

Price Drawdown from ATH represents the drop in the current price of BTC from the last price highest point

When the indicator is in the range (-100%, -75%), it means that the current price of BTC has dropped by more than 75% from the highest point, the market is in a bleeding stage, and historically it is the bottom range

As BTC becomes larger and larger, it will become more and more difficult for BTC to drop 75% from the highest point.