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