Key Takeaways The 2022-2025 bull cycle had an average drawdown of 7.58%. Reaching $74,500 would mean another 7.34% drop from the cited low. The analyst proposes larger purchases between $74,000 and $75,000. How the $74,500 Calculation Works The latest pullback has brought a $74,500 downside reference into focus, according to an analysis published by Cryptoquant on Oct. 9. Contributor MAC_D used the cryptocurrency analytics platform’s historical bull market corrections to compare declines during bull markets, periods of broadly rising prices. The analysis measured a decline from $87,027 on Oct. 5 to $80,404 on Oct. 9, a $6,623 reduction, or approximately …