BTCUSD Expanding Bull Markets
There's already a lot of speculation about the future price of bitcoin, but this analysis provides us with an estimate of when to expect bitcoin to top out.
Up until now, the time span of each Bull Market is one year longer than the preceding one.
The first one is 1 year, the second 2 years and the third 3 years.
Currently, we are in the 4th cycle.
Using this data, we could predict the month the next top, which would bring us to the end of 2022.
From Cycle Lows until Cycle Highs
1st Bull Market: July 2010 - June 2011
2nd Bull Market: Nov 2011 - Nov 2013
3rd Bull Market: Jan 2015 - Dec 2017
4th Bull Market: Dec 2018 - Dec 2022
PS. I've included the the price and date range for the First Cycle in the chart, which is not available on Bitstamp.
Up until now, the time span of each Bull Market is one year longer than the preceding one.
The first one is 1 year, the second 2 years and the third 3 years.
Currently, we are in the 4th cycle.
Using this data, we could predict the month the next top, which would bring us to the end of 2022.
From Cycle Lows until Cycle Highs
1st Bull Market: July 2010 - June 2011
2nd Bull Market: Nov 2011 - Nov 2013
3rd Bull Market: Jan 2015 - Dec 2017
4th Bull Market: Dec 2018 - Dec 2022
PS. I've included the the price and date range for the First Cycle in the chart, which is not available on Bitstamp.
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