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

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

Bitget2024/12/22 08:00

Crypto KOL and industry analyst Lark Davis believes, based on historical data analysis, that the current crypto market correction is not the "end of the bull market".

He stated: "In December 2020, after a 77% increase from October to November, BTC fell by 12%. Subsequently, it rose from $17,000 to $41,000 (an increase of 136%) in the next 23 days. A similar thing has happened now; Bitcoin has fallen by 13% after a significant rise in the fourth quarter. This doesn't mean this is the bottom; we may see another correction of about 10-15%. But there's still plenty of fuel left for Bitcoin and the cryptocurrency market."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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