Cryptocurrency Q&A
How long has bitcoin been in a bull/bear cycle?
How long has bitcoin been in a bull/bear cycle?
Andrea
Fri Jul 12 2024
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5 answers
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Inquiring minds want to know: Just how long has Bitcoin been fluctuating in its notorious bull and bear cycles? Have we been witnessing these swings for mere months, years, or is this a decades-long dance between profitability and volatility? Understanding the duration of these cycles is crucial for investors to make informed decisions and navigate the often tumultuous waters of the cryptocurrency market. So, how long has Bitcoin been in this seemingly never-ending dance of ups and downs?
5 answers
Enrico
Sun Jul 14 2024
Bitcoin's trading history exhibits a recurring pattern of approximately 4-year bull and bear cycles, often linked to the occurrence of halving events.
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CryptoTamer
Sun Jul 14 2024
This trend suggests that the impact of halving events, while still significant, may be gradually diminishing over time.
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Sofia
Sun Jul 14 2024
According to Brandt's observation, since the inception of the first bull market cycle, there have been three major cycles following suit.
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Isabella
Sun Jul 14 2024
Each of these subsequent cycles has displayed a decrease in strength compared to its predecessor.
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MysticStorm
Sun Jul 14 2024
Specifically, the price multiple gained during each cycle has diminished by approximately 80% from the one before it.
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