🌟Is this round of BTC bull market over? Or will it usher in a new wave of highs again?
☄️The first bull market cycle was from December 21, 2009 to June 6, 2011, when the price of Bitcoin soared 3,191 times, an astonishing increase.
☄️Then there was the cycle from November 14, 2011 to November 25, 2013. Although the increase was reduced, it still reached 572 times, which is impressive.
☄️From August 17, 2015 to December 18, 2017, the increase was further reduced to 122 times.
☄️The most recent bull market cycle was from December 10, 2018 to November 8, 2021, and the increase was only 22 times.
According to historical data analysis, this round of Bitcoin cycle starting from November 21, 2022 may increase by about 4.5 times from the lowest point, and the highest point is expected to be close to US$72,723. It should be noted that the price of $73,835 recorded on March 14, 2024 is already close to this peak. It is cautiously pointed out that "each bull market cycle has increased by about 20% of the previous cycle, showing a large loss of energy."
The main prediction is that the bull market will continue until September/October 2025.
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