Bull market cycle:

  1. The first bull market cycle (October 5, 2009 - June 8, 2011):

    • Increase: 41771 times

    • Duration: 611 days

  2. The second bull market cycle (November 18, 2011 - November 29, 2013):

    • Increase: 621 times

    • Duration: 742 days

  3. The third bull market cycle (January 14, 2015 - December 17, 2017):

    • Increase: 130.5 times

    • Duration: 1068 days

  4. The fourth bull market cycle (December 15, 2018 - November 10, 2021):

    • Increase: 22.1 times

    • Duration: 1089 days

Bear market cycle:

  1. The first bear market cycle (June 8, 2011 - November 18, 2011):

    • Decline: 93.7%

    • Duration: 163 days

  2. The second round of bear market cycle (November 29, 2013 - January 14, 2015):

    • Decline: 87.7%

    • Duration: 411 days

  3. The third round of bear market cycle (December 17, 2017-December 15, 2018):

    • Decline: 84.3%

    • Duration: 363 days

  4. The fourth bear market cycle (November 10, 2021 - November 21, 2022):

    • Decline: 77.6%

    • Duration: 376 days

As Bitcoin assets and investors continue to mature, the highest point of Bitcoin price continues to increase. Therefore, the increase in each bull market is getting smaller and smaller, and the decline in each bear market is also getting smaller and smaller. The duration of the bull market is also getting longer and longer, and the duration of the bear market has been basically more than one year since the second cycle.