If bitcoin:native has entered a new bull market, the 2025–26 bear market will be BY FAR the shallowest in Bitcoin’s history.
Historic drawdowns from ATH (approx):
🔴 2015: -85%
🔴 2019: -83%
🔴 2022: -75%
🟠 2026: -53%
Still a brutal drawdown by normal standards. For Bitcoin though? Surprisingly mild.