Bitcoin is still bullish and the rise looks impulsive on the monthly chart, but cyclically, we are in the late stages of a 3-year bull run that can end this year, ideally around October 2025. There’s actually still about 5 months of a bullish trend to complete 35 monthly bars, like in previous bullish cycles, so we may easily see more gains this year from a technical perspective.
Next year we should be aware of a bear market that can last at least 12 monthly bars or one year.
Next year we should be aware of a bear market that can last at least 12 monthly bars or one year.
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