Venture Capitalist Chris Burniske said that the current price correction in digital assets is a common situation in the bull market cycle. Burnisk, a former Ark Invest crypto responsible, compared with similar corrections during the 2021 period, and said that the current situation was a short -term withdrawal.
Corrections similar to the 2021 period
Burniske, Bitcoin in the middle of 2021 $88,007.8156 %of Ethereum 
$2,401.8461 %and Solana’nın 67 %decreased, while many other crypto assets also experienced a price decrease of around 70-80 %, he added. He added that these similar decreases can be considered as a natural part of market processes.
Burniste stressed that the current correction was the “medium correction özen observed in all bull market processes. In addition to the article, former Goldman Sachs manager and Real Vision CEO Raoul Pal also included similar views.
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Chris Burniske: “The current correction coincides with past experiences. On the contrary, it is wrong to expect a decline completely. ”
Raoul Pal: “Be patient; This deduction is a short -term structure that will lead to new peaks. ”
Current Situation Evaluation
Bitcoin, Ethereum and Solana decreased from its peak levels by 20 %, 50 %and 51 %respectively. Burnisk, while comparing the past periods, said similar decreases in the 2017 period and the market was recovered after.
Market experts stated that after such temporary corrections, the recovery and long -term rise trends started again. Investors should not focus on short -term fluctuations and frequently stated that they should develop long -term strategies.
Comments that existing market movements should be evaluated in the light of previous experiences. Experts recommend that investors are patient in this process and focus on basic analysis.
The recovery movements after the price decreases in the past reinforce the possibility that the current market arrangement may be temporary. Investors said that they should be prepared for fluctuations in the market by preserving long -term perspectives.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
