- Lark Davis said that the market dip today is better than in 2021.
- Bitcoin saw more candlesticks below the 200-day SMA than this year so far.
- The price movement this year is similar to the mid-2021 chart.
Amid multiple sources of FUD in the crypto market, price analyst and investor Lark Davis said that the situation today is relatively better than in 2021.
#bitcoin currently 56 days under the 200 day MA with a top to bottom of 51% at peak sell off, in 2021 we spent 82 days under with a 55% top to bottom.Just some perspective for you. The 2021 crash was worse, and we survived. pic.twitter.com/guPrYHUgPM— Lark Davis (@TheCryptoLark) February 23, 2022