In the past three bull runs, Bitcoin's price really started to rise at this time
The Bitcoin bull run has lasted 642 days. Bitcoin's current performance is closer to the 2018-2022 cycle, with a market return of 278%. In contrast, Ether's performance is weaker, with the ETH/BTC ratio falling by nearly half since the end of 2021. Solana's market value has risen from 4% of Ether's market value in the same period last year to 22%.
Based on previous bull cycles, the Bitcoin bull run may continue until the middle of next year. The current bull run began on November 9, 2022, when the price of Bitcoin fell below $15,670.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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