Bitcoin Cycle Repeat? 1 Year Bull Run Above ATH Ahead!

2024년 11월 5일

In the chart above, we’re comparing Bitcoin’s current cycle with its previous cycle.

Bear Run (1 Year): The previous cycle started with a significant bear market that lasted exactly 1 year, characterized by a sharp drop in price from the peak.

Recovery Phase (2 Years): Following the bear run, Bitcoin spent 2 years in a recovery and consolidation phase, gradually building a support base and regaining momentum.

Bull Run Above ATH (1 Year): After consolidation, Bitcoin entered a 1-year bull run that pushed it above the previous all-time high (ATH), setting new records.
Current Bitcoin Cycle: The current cycle appears to be mirroring the previous one closely:

We’ve had a 1-year bear run, which aligns with the pattern seen in the previous cycle.
This was followed by 2 years of recovery, with the price consolidating and gradually strengthening.
If the pattern continues, we could be entering 1 year of a bull run above the previous ATH, starting now or very soon.

Based on this repeating cycle pattern, the current setup suggests that we might have 1 year of a strong bull market ahead, potentially pushing Bitcoin above its previous all-time high by late 2025.

Regards
Hexa

2024년 11월 6일

액티브 트레이드

BTCUSDT New Phase of bullrun above ATH starting from this week