A quick look at the blockchain industry: bull and bear markets
· The idea of a “four-year cycle” in the crypto market is often linked to Bitcoin’s roughly four-year halving, but there have only been a few cycles to draw on.
· The transition from one market phase to another can usually only be confirmed in hindsight; it’s hard to tell while you’re in the middle of it.
Many people use the price movements of $BTC to describe the phase the entire crypto market is in. Currently: 77151.83.