Analyst: Bitcoin. The current pullback is 47%; the bear market is expected to see a pullback of 60% to 70%.
Svmuu News: Analyst Darkfost posted on X, stating that the current daily closing pullback for Bitcoin stands at 47%, which is still far below the magnitude of historical bear markets. The record was set in 2012, when the bear market pullback exceeded 90%.Over time, the trend of bear market pullbacks has moderated slightly, as can be seen in charts showing that pullbacks during bear market phases have gradually diminished. If this pattern continues, a reasonable expectation would be for pullbacks to fall within the 60% to 70% range.
Source:Odaily · Source Link
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