this post was submitted on 10 Dec 2024
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The original post: /r/cryptocurrency by /u/the_far_yard on 2024-12-10 01:24:24.

Quite some time ago, I posted this thread. The feel good feeling is back, and if you were with me back in 2017, or even back in 2021, you know what's coming.

The post focused on the bear market, which was in the bracket of 2013-2015; 2018-2020; and 2022-2024. Through this pattern, this post is to anticipate the next cycle of bear, which should be in 2026-2028.

| Year | 2013 - 2015 | 2018-2020 | 2022-2024 | |


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| | | | | Peak Price | USD 1,149.14 | USD 19,970 | USD 103,300 | | Bear Market Low | USD 197.24 | USD 3,109 | USD 16,600 | | Drawdown | -83% | -84% | -84% |

Judging from the previous cycles, the 'drawdown' seems to be near repetitive to be around the same figure. Although we do not know how long will we see the next bear-market go for us, this should give you a brief idea on what had happened in the previous bear cycles.

But then again, things might be different this time. This is because we have seen institutional players coming in. Heck, we saw BTC breaking down to go beyond it's previous ATH from the previous cycle, dropping down to USD 16.6k, after having USD 19.9k for its ATH in the cycle before.

I do think that despite the positive patterns changing, the drawdown is where people need to be wary of. Take this as a sign- have an exit strategy in Q2-Q3 2025.

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