Whether the Bitcoin bull market has ended is a widely discussed question.
First of all, it should be clear that any asset has its price peak, and Bitcoin is no exception in history.
Even in the bear market, the price of Bitcoin has broken through the historical high and briefly surpassed the market value of silver.
As of now, there are about 200 million users in the cryptocurrency market, and the number of A-share investors in 2022 is close to 200 million (both of which include a part of inactive users).
At present, the total market value of the cryptocurrency market is about 2 trillion US dollars, while the total market value of the A-share market is about 11 trillion US dollars.
Judging from these data, the cryptocurrency market still has great growth potential, and its investment space may be larger than that of the traditional stock market.
According to the theory of a four-year cycle, it is predicted that the peak of the Bitcoin bull market may arrive around November 2025.
According to the model of gradually decreasing volatility, it is predicted that the peak price of the Bitcoin bull market may be between $130,000 and $150,000.
In summary, although the current market trend may indicate that the peak of the bull market may not have arrived yet, it does not rule out the possibility of short-term adjustments that the market may experience.
