YouTube Encrypted Moderator: Bitcoin may have a 10%-30% callback

Recently, as the price of bitcoin soared, the bulls looked at the $10,000 mark and the cryptocurrency community was excited. Lark Davis, host of the YouTube channel The Crypto Lark, said that from a psychological point of view, $10,000 is a very important number. He added that during the period of large price volatility, people expect a sharp correction in the near future. Despite the callback, he believes that the market will continue to rebound, "showing its power." He commented, "Does this mean that we will see an 80% decline? This is unlikely unless there is a black swan event, but it is not surprising that the 10% or 20% or 30% decline. In addition, he firmly believes that Bitcoin will return to $20,000.