How this bitcoin bull market stacks up against the others

If you believe in big fractal energy, the next few months will be totally decisive for bitcoin’s price. 

For all we know, bitcoin’s all-time high of nearly $73,740 in March was the peak of our current cycle. 

That would mean the bull market is over. Bitcoin and ether trading 5% lower today — sending practically everything else except stablecoins into the red — surely isn’t helping sentiment.

But the problem with markets is that you never really know when they’ve topped out.

Looking back, bitcoin’s all-time high in December 2017 was clearly the top for the next three years, even if altcoins continued to rally for another few weeks.

Read more: Empire Newsletter: Market…

Read more on Blockworks

52.5K Reads