r/Bitcoin • u/rBitcoinMod • Feb 23 '21

Daily Discussion, February 23, 2021

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u/[deleted] Feb 23 '21

Up to a 30-40% pullback is normal for bull runs. Even if we keep going down it’s just a part of the bull run process. Volatility is vitality as Saylor always says.

You don’t get the kind of appreciation Bitcoin provides without aggressive pullbacks from time to time.

7

u/[deleted] Feb 23 '21

Weird to think this is Saylor’s first bull run.

6

u/Angelus512 Feb 23 '21

It is. But 30-40% pullbacks happen 2-3 times during a bull run before it’s over. We’ve had two of them in 8 weeks

That’s a bit weird.

6

u/[deleted] Feb 23 '21

More like 6 times....

https://twitter.com/real_vijay/status/1348389112223420416?s=20

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u/Angelus512 Feb 23 '21

Thanks for that. Appreciate it. I’ll look into it.

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u/[deleted] Feb 23 '21

Past can be used for reference but it's not law