⚠️✴️#BTC #bitcoin #crypto
The current bear market in $BTC could continue until September or October if the traditional four-year cycle continues, as previous downturns typically bottomed out about a year after the market peak and resulted in average declines of around 80%. BUT! It's possible that $BTC has already bottomed, as this cycle differs from previous ones in its rapid adoption among institutions and corporations. Much also depends on macroeconomics—Grayscale.
The current bear market in $BTC could continue until September or October if the traditional four-year cycle continues, as previous downturns typically bottomed out about a year after the market peak and resulted in average declines of around 80%. BUT! It's possible that $BTC has already bottomed, as this cycle differs from previous ones in its rapid adoption among institutions and corporations. Much also depends on macroeconomics—Grayscale.