This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
An analysis of past BTC cycles reveals a clear pattern in their duration and correction depth.
The second BTC cycle, from peak to peak, lasted 208 weeks. The third cycle was similar - 204 weeks.
BTC's price has now fallen in week 204, which is consistent with previous cycles.
Historically, the peak-to-trough decline in each cycle has been at least 75%.