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A Bitcoin bull run's duration can vary, but historical data provides some insights:
2017-2018 Bull Run:
This bull run is often considered to have lasted from about mid-2017 to late 2017 or early 2018. Bitcoin started gaining significant momentum around July 2017 when it was around $2,500 and peaked at around $19,783 in December 2017. Hence, this bull run lasted approximately 5-6 months from its significant start to its peak. However, if considering the whole period of consistent upward price movement, one could argue it lasted roughly 12-18 months before entering a bear market phase.
2020-2021 Bull Run:
Following the lows of the bear market, Bitcoin began its recovery in early 2020, with significant acceleration starting around April 2020. It reached an all-time high of $64,863 in April 2021. Thus, from the start of notable price increases to the peak, this bull run lasted about a year. However, considering the broader context from the bear market low to the start of the next significant downturn, one might view this as lasting from early 2020 to late 2021, roughly 18-24 months.
Current Bull Run (2023-2025):
If we take October 2023 as the start date based on when Bitcoin started regaining momentum after its low, and considering we're in January 2025, this bull run has been ongoing for about 15 months so far. However, it's still active, so its full duration isn't known yet.
Based on these historical cycles:
Duration: Bull runs tend to peak within 12-18 months from when they gain significant momentum, though the entire cycle from the bear market low to the start of another significant downturn can last longer, often around 18-24 months.
Comparison: The current bull run, if measured from October 2023, is already longer than the peak-focused duration of the 2017-2018 bull run but is still within the broader cycle length observed in the 2020-2021 bull run.
Remember, these are based on historical data, and cryptocurrency markets are highly volatile, influenced by numerous external factors including regulatory changes, macroeconomic conditions, and technological developments. Thus, while these patterns can provide some guidance, the exact duration of any bull run remains unpredictable.
Source - GROK.
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#BullRun
#Crypto2025
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