Analyst: Bitcoin's Current Pullback at 47%, Expected Bear Market Pullback to Reach 60% to 70%

Odaily News, analyst Darkfost posted on X platform, stating that the current daily closing pullback for Bitcoin is 47%, still significantly lower than 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 slightly moderated, as seen in the chart where pullbacks during bear market phases have gradually lessened. If this pattern continues, a reasonable expectation is for the pullback to be in the range of 60% to 70%.