Galaxy Research Director: Bull market is non-linear, Bitcoin has experienced multiple pullbacks

Galaxy research director Alex Thorn stated in a post that the bull market is non-linear and filled with numerous corrective movements. From January 1, 2017 to December 17, 2017, around the historical high point of $20,000, Bitcoin experienced 13 drops of more than 12%. Between the price low on March 12, 2020 ($3,858) and April 14, 2021 at $64,899, Bitcoin had undergone 13 pullbacks of over 10%.