Odaily Daily News Crypto analyst Rekt Capital analysis shows that since the bear market bottomed out in November 2022, Bitcoin has experienced six major pullbacks, all with a depth of over 20%. These pullbacks occurred respectively in February 2023, April to May, July to September, January 2024, March to April, and May to June, with pullback ranges between -16% and -23.7%. As of now, the depth of Bitcoin's pullback is -16%, lasting 35 days, and has not yet reached the standard of the average pullback depth of -22% and the average duration of 40 days for this period. Therefore, whether from the depth or the duration, the current pullback is still below the average level.
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Odaily Daily News Crypto analyst Rekt Capital analysis shows that since the bear market bottomed out in November 2022, Bitcoin has experienced six major pullbacks, all with a depth of over 20%. These pullbacks occurred respectively in February 2023, April to May, July to September, January 2024, March to April, and May to June, with pullback ranges between -16% and -23.7%. As of now, the depth of Bitcoin's pullback is -16%, lasting 35 days, and has not yet reached the standard of the average pullback depth of -22% and the average duration of 40 days for this period. Therefore, whether from the depth or the duration, the current pullback is still below the average level.