Many are wondering when the #Bullrun will be over. Here is my analysis :
- In 2013, after surpassing its old #ATH of 2011, #Bitcoin reached its all-time high 273 days later.
- In 2017, after surpassing its 2013 ATH, Bitcoin took 303 days to reach its next ATH, an increase of 30 days from the previous cycle.
- In 2020, after surpassing its previous ATH, Bitcoin reached a new ATH 335 days later, an increase of 32 days from the previous cycle.
It can be concluded that each cycle sees an increase of around 30 days in time to reach a new high.
So the major question is: how long will it take Bitcoin to reach its next bull market peak during this cycle?
If we add 30 days to the 2020 range, that would bring the total to 365 days once the previous ATH is exceeded. We surpassed the 2020 ATH in March 2024, which would essentially give us the Bitcoin bull market peak for March 2025.