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Chart Explained
This chart compares the performance of Bitcoin’s price starting from the lowest price of each cycle until the next lowest price after the Bull run.
The lowest price of the current cycle (pink color) was $15770 on November 21, 2022. It’s noticeable that our cycle is currently stronger than the previous ones.
There are great analyses to be made from this comparison. One of them is the probable end date of the Bull run.
Another analysis is that in the previous cycles, the time to reach the lowest price after the Bull run was practically the same (1430 days).
1st Epoch (Orange): Jan 14 2015 Price range: $ 171.35 ~ 3,180 % change: 1753 %
2nd Epoch (Purple): Dez 15 2018 Price range: $ 3,180 ~ 15,770 % change: 395 %
3rd Epoch (White): Nov 21 2022 Price range: $ 15,770 ~ now
This chart compares the performance of Bitcoin’s price starting from the lowest price of each cycle until the next lowest price after the Bull run.
The lowest price of the current cycle (pink color) was $15770 on November 21, 2022. It’s noticeable that our cycle is currently stronger than the previous ones.
There are great analyses to be made from this comparison. One of them is the probable end date of the Bull run.
Another analysis is that in the previous cycles, the time to reach the lowest price after the Bull run was practically the same (1430 days).
1st Epoch (Orange): Jan 14 2015
Price range: $ 171.35 ~ 3,180
2nd Epoch (Purple): Dez 15 2018
Price range: $ 3,180 ~ 15,770
3rd Epoch (White): Nov 21 2022
Price range: $ 15,770 ~ now