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Bitcoin Market Cycles Explained: Bull and Bear Phases

Bitcoin Market Cycles Explained: Bull and Bear Phases
Photo: CoinGabbar

BTC when published $81,611Now $80,568 ▼ −1.28% since it was published

Bitcoin doesn’t move in a straight line. It runs up for a year or so, crashes hard, goes quiet, and then the whole thing starts over. That loop is what people mean by Bitcoin market cycles: a low, a climb, a peak, a drop, and a long stretch of calm before the next round. Each cycle has two sides. In the bull phase, prices rise and people feel confident. In the bear phase prices fall, and fear takes over. A full loop has taken around four years so far. That’s a pattern, not a rule, but it has repeated often enough that most traders keep it in the back of their minds. There isn’t one cause. A few forces tend to push the same way at the same time.

First reported by CoinGabbar. This page is a short excerpt; the full text is theirs.

Read the full story at CoinGabbar (opens in a new tab)

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