Long-Term Trend Analysis in the Cryptocurrency Market❗️

The cryptocurrency market has become a major focus of interest for both investors and technology enthusiasts over the past decade.

We are looking for clues about the future by examining the long-term trends and moving averages of the market through a chart spanning from 2017 to 2025.

2017-2021: The First Major Rise and Correction

The chart shows a strong upward trend in cryptocurrency prices from 2017 to 2021.

The increase at the end of 2020 and the beginning of 2021 particularly indicates a significant bull run in the market. However, the peak in prices at the end of 2021 followed by a sharp decline reflects a classic correction cycle.

2022-2023: Accumulation Phase

The horizontal movement of prices throughout 2022 indicates that the market is in an accumulation phase. During this period, long-term moving averages (5 years, 7 years, 10 years) remain stable while short-term averages fluctuate with the price.

This could be a period where investors are trying to regain confidence in the market.

2023-2025: A New Bull Wave?

The price starting to rise again from mid-2023 may herald a new bull market.

By May 2025, the price appears to have reached the 75K-100K USD range. The upward trend of long-term moving averages suggests that this rise could be sustainable.

Note: This analysis is for general informational purposes and is not investment advice. Don't forget to do your own research!

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