📢Blockchain News Flash! The latest analysis from cryptocurrency analyst Rekt Capital shows that Bitcoin has experienced six major pullbacks since the bear market bottomed in November 2022, all of which are more than 20% deep. 📉

These pullbacks occurred in February 2023, April-May, July-September, January 2024, March-April, and May-June, with pullbacks ranging from -16% to -23.7%. 📆

So far, Bitcoin's pullback depth is -16% and has lasted for 35 days, which has not yet reached the average pullback depth of -22% and the average duration of 40 days in this cycle. 🕰️

Therefore, the current pullback is still below average in terms of both depth and duration. 🔍

Despite this, we remain optimistic about the outlook for Bitcoin. 💪🚀Bitcoin's pullback does not mean that its value is falling, but it may be a healthy adjustment in the market. Let's look forward to Bitcoin's next leap together! 🎉