Since the bear market bottom of November 2022, Bitcoin has experienced the following retracements:
-23% (February 2023) for 21 days
-21% (April/May 2023) for 63 days
-22% (July/September 2023) for 63 days
-21% (January 2023) for a period of 14 days
This current pullback is only the fifth major retracement since the bear market bottom of 2022, so far, Bitcoin has pulled back 16%.
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