Based on the bull and bear cycles, the timing and height of the current Bitcoin 'bull peak' are given.
1. First Bull and Bear Cycle (2011—2013)
Bear Market: June 2011—November 2021, lasting 6 months, dropping from $32 to $2, a decrease of 93.7%.
Bull Market: December 2011—December 2013, lasting 25 months, rising from $2 to $1,134, an increase of 566 times.
2. Second Bull and Bear Cycle (2014—2017)
Bear Market: January 2014—January 2015, lasting 12 months, dropping from $1,134 to $172, a decrease of 84.8%.
Bull Market: February 2015—December 2017, lasting 35 months, rising from $172 to $19,587, an increase of 113 times.
3. Third Bull and Bear Cycle (2018—2021)
Bear Market: January 2018—December 2018, lasting 12 months, dropping from $19,587 to $3,255, a decrease of 83.4%.
Bull Market: January 2019—November 2021, lasting 35 months, rising from $3,255 to $69,000, an increase of 20 times.
4. Fourth Bull and Bear Cycle (2021—2025)
Bear Market: December 2021—November 2022, lasting 12 months, dropping from $69,000 to $15,476, a decrease of 77.3%.
Prediction: The timing and price of this bull peak are forecasted.
Bull Peak Timing: October 2025
Bull Peak Price: $140,000—$160,000
What do you think?
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