Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ? Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
The bitcoin journey cycle has provided a lot of insight, from 2017 to 2021 bitcoin has reached its highest price, until it corrected again this year, if you look at a cycle like this, probably in the next four or five years, going back to 2017, where it is true and finds ATH in the next few years, but it's hard to say exactly in what year bitcoin will hit a higher price, but likely five or four annual phases