Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins
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NewsBTC·byScott Matherson
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Bitcoin Bull Run Cheat Sheet Predicts Final Phase Before Major Gains
A crypto analyst has shared a long-term "Bitcoin Bull Run Cheat Sheet", suggesting that Bitcoin is entering its final phase before a significant price surge. The chart outlines historical cycles to forecast future movements.
Key Phases of Bitcoin’s Market Cycles
- Bear Market (Red Box): Extended downtrends (e.g., 2014–2015, 2018–2019).
- Accumulation (Orange Box): Prolonged sideways trading before breakout (e.g., 2015–2017, 2019–2020).
- Bull Run (Green Box): Parabolic price surges (e.g., 2017, 2021).
Historical Cycle Breakdown
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First Cycle (2013–2017):
- Peaked at ~$1,000 (2013), crashed, then consolidated between $80–$500.
- Bull run began in 2017, peaking near $20,000 (1500-day cycle).
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Second Cycle (2017–2021):
- Peaked at ~$20,000 (2017), bottomed at $3,000 (2018).
- Accumulation lasted until 2020, followed by a bull run to $69,000 (1400-day cycle).
Current Cycle (2021–Present)
- Bear market bottomed at ~$15,000 (2022).
- Accumulation phase lasted until early 2025.
- Analyst predicts the bull run has begun, targeting $250K–$300K within a ~1300-day cycle (completing by late 2025).
Bitcoin Price Update: Currently trading at $108,260, testing resistance near $109K.
Chart source: TradingView | Image: Pixabay
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