ChainCatcher message, encrypted KOL, industry analyst Lark Davis believes that the current pullback in the cryptocurrency market is not the 'end of the bull market'.
He stated: 'In December 2020, after experiencing a 77% increase from October to November, BTC fell by 12%. Subsequently, it rose from $17,000 to $41,000 in the following 23 days (an increase of 136%).
Something similar is happening now; Bitcoin has fallen by 13% after a significant rise in the fourth quarter. This does not mean that this is the bottom; we may see another 10-15% correction. But Bitcoin and the cryptocurrency market still have plenty of fuel.'