Bitcoin weekly decline narrows from 24.3% in February to 20.08% in June

Bitcoin’s deepest weekly drawdown during this year’s major corrections narrowed to 20.08% in June from 24.3% in February, a roughly 4.2 percentage-point reduction, according to Bitstamp weekly chart data cited by Rekt Capital. The analyst said the shrinking sell-off intensity in the worst week of each correction is evidence that capitulation pressure is fading, comparing the magnitude of the down weeks rather than bitcoin’s price direction. In dollar terms, the maximum weekly decline fell to about $14,860 in June from about $19,252 in February. The observation matters because it suggests each successive correction has produced a shallower forced-selling episode, though it does not by itself confirm a trend reversal. Traders will watch whether the next major pullback produces an even smaller peak weekly loss, which would reinforce the pattern.