Line in Modified Bessel Function of the First Kind

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Plotting the modified Bessel function of the first kind $I_\nu(x)$ as a function of two real variables, it looks like to one side of $x=\frac{2}{3}\nu$ the function falls rapidly to zero and on the other side it increases rapidly. This approximation seems to get better for larger values of $x$ and $\nu$. Is there a theorem that captures this observation?

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