Lark Davis: The current correction is not the "end of the bull market", the market still has plenty of fuel
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Odaily reports that crypto KOL and industry analyst Lark Davis, based on historical data analysis, believes that the current crypto market correction is not the "end of the bull market". He stated: "In December 2020, after a 77% rise from October to November, BTC fell 12%. Subsequently, it rose from $17,000 to $41,000 (a 136% increase) in the next 23 days. Something similar is happening now, with Bitcoin falling 13% after a significant rise in the fourth quarter. This does not mean it is the bottom, we may see another 10-15% correction. But Bitcoin and the crypto currency market still have ample fuel."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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