As Bitcoin (BTC) continues to move in a sideways trading pattern with the majority of the cryptocurrency market, traders and investors are analyzing its historical movements to see if there is hope for a bullish rally in the following year.
Taking into account Bitcoin’s movements in the past, a pattern emerges of a year when the flagship digital asset achieved its all-time high (ATH) followed by a bear market year, as observed by pseudonymous crypto analyst Moustache on December 22.
According to the table shared by the expert, Bitcoin had an ATH in 2013, after which 2014 followed with a bear market. The same price action occurred in 2017/2018 and 2021/2022, which Moustache explained was a “four-year cycle” and not a “supercycle.”
Bitcoin historical price action. Source: Moustache
If the pattern holds out, this means that the 2022 bear market for Bitcoin could be followed by three years of price increases, potentially peaking in 2025, after which 2026 would ensue as another be
We współpracy z: https://finbold.com/historical-data-hints-next-3-years-could-spell-fortune-for-bitcoin/
