How long does a bull and bear market take for a cycle of virtual currency? How long does a bull market usually last?

Referring to the historical bull and bear cycle of currency circles (2013, 2017, 2021), it roughly shows a four-year cycle. Therefore, it is predicted that the next bull market may occur in 2024 or 2025.

In the 2017 bull market, Bitcoin rose for an astonishing 267 days, with a decline of only 98 days, with an increase of up to 73%.

Analysis of bull and bear cycles in the currency circle:

It is generally believed that the bull-bear cycle in the currency circle is about four years and one cycle. Based on previous cycles (2013, 2017, 2021), we will deduce the future bull market as follows:

1. 2023: Deep bear market, the market is full of wait-and-see sentiment, and investors are cautious.
2. 2024: In the early stage of the bull market, the main funds have completed their layout and institutions follow up.
3. Mid 2024: Bitcoin halved, may fall briefly first and then rebound strongly. Half is a good time to attract money.
4. 2025: The US economic environment improves, and a looser monetary policy may be adopted, which will benefit the cryptocurrency market.
5. Bitcoin price forecast: It is expected to exceed $150,000 in 2025, and may even reach $200,000.
6. End of the bull market: Main institutions shipped at high levels, retail investors followed suit and entered the market, market sentiment reached its peak, and risks increased.

Duration of bull and bear market in the currency circle:

Bitcoin bull and bear markets usually last 6 months to 1 year, while stock bull and bear markets may last 3 months to 2 years. "Bul market" (buck market) refers to a market that is generally bullish and lasts for a long time. After the past two halvings, the price of Bitcoin has risen 10 times or even more. On average, it will take 33 months for the cryptocurrency market to launch a bull market. If history repeats itself, the next bull market may start in May 2024.

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