Based

Bull Market

Bitcoin

Light

<p><strong>With Bitcoin still in the early stages of its current bull run, many crypto analysts are forecasting an extended period of rising prices ahead. </strong></p> 
<p>Based on historical patterns, Bitcoin bull markets tend to last substantially longer than bear markets.</p> 
<blockquote class="wp-block-quote"> 
 <p><em>“While Bitcoin bear markets generally take between 350 and 400 days to complete, past bull markets have run for well over 1000 days!” </em><a href="https://twitter.com/CryptoJelleNL/status/1704410307374788878" target="_blank" rel="noopener noreferrer nofollow">said</a> Jelle. <em>“If this pattern continues, we have &gt;750 days of bull market ahead of us.”</em></p> 
</blockquote> 
<p>Bitcoin’s most recent bear market spanned approximately 400 days, extending from early 2018 through late 2019. The prior bear cycle from 2014-2015 lasted around 350 days. In contrast, the 2013-2017 bull run lasted nearly 1400 days as Bitcoin prices rose from under $100 to almost $20,000.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="574" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-1024x574.png" alt="" class="wp-image-339689" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-1024x574.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-767x430.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-1536x861.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-2048x1149.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-267x150.png 267w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-624x350.png 624w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-391-788x441.png 788w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p>Some key factors supporting an extended bullish outlook include growing institutional adoption, mainstream media attention, and innovations like the Lightning Network and ETFs approvals which are expanding Bitcoin’s utility. However, risks such as regulation and competitor cryptocurrencies could potentially cut the bull run short.</p> 
<p>As the longest-running cryptocurrency, Bitcoin has gone through multiple boom and bust cycles since its creation in 2009. This time around, renewed investor and developer interest coupled with maturing technology suggests its uptrend still has room to run. While predicting any asset’s price is challenging, historical patterns hint that Bitcoin’s current bull run likely has over two years left until the next prolonged bear phase.</p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"> <strong>74% of retail CFD accounts lose money.</strong> 
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc"> <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc. 
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/if-this-pattern-continues-we-have-750-days-of-bitcoin-btc-bull-market-ahead-expert/">If This Pattern Continues, We Have 750 Days of Bitcoin (BTC) Bull Market Ahead – Expert</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

If This Pattern Continues, We Have 750 Days of Bitcoin (BTC) Bull Market Ahead – Expert

Table of Contents

CaptainAltcoin

Egyéb ezen a dátumon (2023. szept. 21.) megosztott cikkek

Trader Issues Warning on Ethereum-Based Altcoin That’s Soared Over 300% in a Month, Updates Outlo...

Roll1ng Thund3rz becomes Microsoft Partner center Member

GMO Media to Launch a Verse on Oasys with three initial titles announced for December

LibertyPay Revolutionising Nigeria’s Informal Sector with 150,000 Innovative Ajo Digital Cards

Paul Brody Talked Over Private Blockchain and Support Ethereum

Help Desk is closed from 28th September to 1st October

Join our free newsletter for daily crypto updates!