Bitcoin Steps Into 3-Year Uptrend

4 ביולי 2023

Today we want to share an interesting monthly chart of Bitcoin, in which we highlighted the durations of bull and bear market cycles. As you can see bear markets last for about a year, while bull markets last for almost 3 years, specifically 35 months, which was the case from 2015-2018, then from 2019 – 2022 and now it can last from 2023 till the end of 2025.

One of the important indications for bitcoin recovery can of-course be weak USD which is trading down since 2022 and it appears it may fall much lower when FED is done with the current hawkish cycle.