Lark Davis: The current pullback is not the end of the bull market, and there is still plenty of fuel in the market

2024-12-22 15:27:34

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ChainCatcher message, encrypted KOL and industry analyst Lark Davis believes based on historical data analysis that the current pullback in the crypto market is not the "end of the bull market."

He stated: "In December 2020, after experiencing a 77% increase from October to November, BTC fell by 12%. Subsequently, it rose from $17,000 to $41,000 in the following 23 days (an increase of 136%).

A similar situation is happening now; Bitcoin has fallen by 13% after a significant rise in the fourth quarter. This does not mean that this is the bottom; we may see another 10-15% correction. But Bitcoin and the cryptocurrency market still have plenty of fuel."

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