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If you are worried that the bull market is about to end, let me tell you with data:
In December 2020, BTC fell 12%, while it had previously risen 77% from October to November. Then, in the following 23 days, its price rose from $17,000 to $41,950 (an increase of 149%).
A similar situation is happening now, as Bitcoin has dropped 13% after a significant rise in the fourth quarter. This does not mean that the current level is the market bottom; we may still see a 10-15% adjustment.
However, Bitcoin and the cryptocurrency market still have plenty of momentum.
I am Shaohua, follow me to gain more in this bull market.
In December 2020, BTC fell 12%, while it had previously risen 77% from October to November. Then, in the following 23 days, its price rose from $17,000 to $41,950 (an increase of 149%).
A similar situation is happening now, as Bitcoin has dropped 13% after a significant rise in the fourth quarter. This does not mean that the current level is the market bottom; we may still see a 10-15% adjustment.
However, Bitcoin and the cryptocurrency market still have plenty of momentum.
I am Shaohua, follow me to gain more in this bull market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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