2017 Bull Cycle
The 2017 bull cycle was characterized by an overall upward trend with short correction periods. Around the mid-to-late phase, a correction lasting approximately 7–8 months occurred. This correction period is comparable in duration to the 2024 correction.
2021 Bull Cycle
The 2021 bull cycle saw a prolonged correction in its early phase, with the onset of COVID-19 extending the correction to about one year. Following this, the market experienced a significant rally with minimal corrections until the cycle concluded.
This demonstrates a typical pattern where larger corrections in duration and magnitude are often followed by strong upward movements.
2024–2025 Current Cycle
The early phase of the current bull cycle featured short corrections and rallies similar to past cycles. However, entering 2024, Bitcoin exhibited strong rallies followed by sharp pullbacks, occurring twice.
During the correction periods of March–November 2024 and January–April 2025, altcoins underperformed, significantly dampening market sentiment. Brief strong rallies followed, but the market continues to face resistance.
Conclusion
The current cycle displays distinct behavior compared to past cycles, requiring a different interpretation.
Unlike previous cycles, this one shows repeated instances of strong rallies followed by what appears to be artificial market suppression. Such movements are typically interpreted as efforts by influential players to cool overheated markets, suggesting an intent to prolong the bull cycle. Ultimately, the cycle is expected to conclude with a euphoric phase marked by a significant bubble.
Written by Crypto Dan
