BTC bull market cycle and outlook for the next bull market

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

Increase: 41,771 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

5. The fifth bull market cycle (January 2023-Q3 2025)

Increase: 10 times

As Bitcoin assets and investors continue to mature, the highest point of Bitcoin prices continues to rise, so 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 bull market lasts longer and longer, and the bear market lasts for more than 1 year since the second cycle.