- "Bitcoin (BTC)" price cycle: an analyst said it takes about 3 years (1,064 days) from bottom to peak.
- He said that in past cycles the rising period is relatively longer than the falling period (average 364 days).
- Analysts noted that such past cycle data can serve as a reference indicator for Bitcoin's medium- to long-term trend.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
An analysis found that it takes about three years for Bitcoin (BTC) to reach from a bottom to a peak in its price cycle.
On the 25th (local time), on-chain analyst Ali Martinez shared the results of his analysis of past Bitcoin price movements on X (formerly Twitter). He stated, "In past cycles, Bitcoin took an average of 1,064 days to go from a bottom to a peak."
He added, "After reaching a peak, it took an average of 364 days to return to a bottom," referring to the time difference between the rising and falling phases. This indicates that the rising phase is relatively longer than the falling phase.
Martinez noted that these figures are averages of past cycles but added that Bitcoin prices have tended to form trends over long periods rather than changing direction sharply in a short time.
In the market, such past cycle analysis is used as a reference indicator to gauge Bitcoin's medium- to long-term trend.
Based on the Binance Tether (USDT) market at 01:04 on the 26th, Bitcoin is trading at 88,268.34 dollars, up 1.27% from the previous day.
