Every time Bitcoin pulls back, many people feel the bull market is over. In fact, every decline in a bull market is to facilitate a better rise.

Based on Bitcoin's current price base, a pullback of 10,000 points is actually not much; from the peak, it's only about 10%. A 10% pullback in a major bull market is very normal. The biggest characteristic of a bull market is the frequent spikes and drops, but overall, the trend shows that the coin price is getting higher and higher. The purpose of the dips is to jump even higher.