Dapper Labs Flow Bear Market Cycle – Next Bull Market In 2026

1 min read

According to Huobi’s top executive, top digital asset Bitcoin (BTC) might not see bullish action for years.

As all altcoins like Flow follow bitcoin, We are currently in a bear market and many are predicting that then next bull market is years away not months.

In a new interview with CNBC, Huobi co-founder Du Jun says that the crypto markets operate in four-year cycles, and that bear markets tend to follow bull markets that are caused by Bitcoin halving.

According to Jun, Bitcoin’s historical four-year pattern suggests we are in the early stages of an elongated bear market.

“In crypto, there is a cycle or a curse every four years, and this echoes with halving in Bitcoin. In 2021, [Bitcoin halved], and in 2013, there was a bull market when the value rose from $20 to almost $2,000 in 2013. It was a bear market after that.

Then 2016 halving led to the second bull market in October 2017, when Bitcoin was valued at almost $20,000. In 2020, the third halving led to the third bear market in 2021. If this cycle continues, we are now at the early stage of a bear market.”

Halving is when the mining rewards for a crypto asset are cut in half, impacting its supply. Halving generally occurs every four years.

According to Jun, the pattern of this cycle implies that Bitcoin won’t be in a bull market until late 2024 or early 2025.

“Following this cycle, it will be until [the] end of 2024 to the beginning of 2025 that we can welcome the next bull market on Bitcoin.”

Bitcoin is exchanging hands at $38,871 at time of writing, a 12.5% decrease from its seven-day high of $44,574.

Featured Image: Shutterstock/Dotted Yeti/Chuenmanuse


Via this site

Bitcoin Vs Nasdaq History Comparison 2000 – Warning Predication $29000 In 2022

The market structure of Bitcoin (BTC) over the past three years is reminiscent of Nasdaq’s price action in the early 2000s, according to a...
Kamlesh Patel
1 min read