EMC Labs: This time, both the extent and duration of the pullback are insufficient. Be vigilant for a slaughter before BTC halves

Cryptocurrency fund management company EMC Labs released its January 2024 report titled "Solving Problems, Initiating Bull Market". The report points out: Based on the data before the previous three halvings, EMC Labs believes that the rebound peak of BTC during the repair period before a bull market is three times the bottom price. Comparing with past trends, after hitting triple in rebound prices, there will be a round of coin price correction before halving. The reason for this phenomenon may be people speculating before halving and selling off to lock in profits just prior to it happening. Compared with previous two instances, both magnitude and timing of current corrections are lacking. Whether there will be significant pullbacks and slaughter before BTC halves is worth being vigilant about.