Speculation on the Peaks of Bitcoin Bull Markets and the Bottoms of Bear Markets: Analysis Based on Historical Cycles
Through a detailed review and in-depth analysis of two cycles of Bitcoin bull and bear markets, I have unearthed a significant pattern: Bitcoin typically takes about 884 days to rise from the lowest point at the bottom to the highest point at the top during each bull market phase, after which it enters an adjustment period and embarks on a lengthy bear market journey.
In detail:
- First Cycle: Started from the bottom in January 2015, reaching the peak of the bull market in December 2017, lasting approximately 884 days.
- Second Cycle: Beginning from the bottom in January 2019, Bitcoin again peaked in the bull market in November 2021, also lasting around 884 days.
Focusing on the current bull market, Bitcoin's price fell to around 15,000 in October 2022, marking the bottom of the bear market. Based on the aforementioned timeframe, it is highly likely that the peak of this bull market will occur around August 2025.
Moreover, I have noticed that the time interval between the bottoms of every two bull markets is approximately 1290 days. If this pattern continues, the next bear market bottom may appear around June 2026.
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