Since January 1, 2023, the crypto market has entered a bull market that continues to this day. Many are still in denial about it, as the recent debilitating downward sideways movement has exhausted most of the market.
For these 2 years we have been constantly writing to you that the long-term trend for the coming years is strictly upward and there is still a lot of time until the end of the bull market.
More locally, we broke the medium-term downward trend just 5 days ago! And for some reason many people think that this is the end of growth.
It is very important to be able to identify a trend in the market in order to earn money. We recommend refreshing your memory of our article 👉 Trend identification is a trader's best friend
We have just now entered a growing medium-term trend within a long-term uptrend.
✔️ When does the bull market end?
We have already written earlier that markets always move in cycles.
Historically, the growth cycle in $BTC BTC and cryptocurrency in general begins a year before the halving and continues for a year and a half after it.
Notice the picture - this is the chart we use to analyze the long-term trend.
What the chart shows us at the moment:
1️⃣ All post-halving bull cycles ended in 518 days.
It was on this day that Bitcoin made its final high of the growth cycle.
The current growth cycle has already lasted 214 days. This means there are still 304 days left until the end of the cycle!
It turns out that the current long-term growth trend will end around August - September 2025.
2️⃣ In the last bull cycle of 2019-2021, the first market peak was reached 304 days after the halving.
If history repeats itself, there are only 92 days left until the next market peak.
Therefore, it would be prudent to lock in a significant portion of positions by February 2025.
We would also like to remind you that crypto (like any asset on the planet) is highly correlated with liquidity.
⚖️ If liquidity grows, crypto grows the fastest.
It just so happens that the growth/fall cycles in crypto coincide with the growth/fall cycles of the amount of liquidity in the system.
In the picture you can see that the Bitcoin chart is still quite a bit behind the liquidity chart in the system.
📊 Conclusion:
In the long term, we are still in the middle of a growth cycle. In the medium term, we have just entered a growth cycle.
In the short term, we are already overheated and at any moment a short-term correction with an immediate buyout could occur.
Therefore, let us remind everyone once again.
In the current market, any strong corrections need to be bought out aggressively!
🤟 Did you like the review or want to better understand cryptocurrencies and technical analysis?
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