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Bitcoin’s drop below $91,000 yesterday (those words would have spurred a double-take a month ago) felt rather substantial. 

Perhaps because of the anticipation of BTC hitting the six-figure mark for the first time — followed by a dip after falling just short (around $99,800).

“However, bitcoin’s -8% dip over the last week barely rates when compared to the volatility during the 237 days of downward channel chop between Mar. 14, 2024 and Nov. 6, 2024,” Galaxy Digital research head Alex Thorn pointed out in a Tuesday note.

Over that span, there were at least seven drawdowns…

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