I have organized a complete timeline of the past decade's cryptocurrency bull markets, which is very helpful for understanding the next cycle.

The earliest was from 2015 to mid-2016, when Bitcoin rose from a January low of $152 to $780 in June, taking about 17 months. At that time, the market was still very small, and volatility was relatively mild.

Then came the 2017 bull run, which was quite intense. Starting at $1,000 in January, it shot up to nearly $20,000 in December, all within just 12 months. This time, many people saw the explosive power of crypto assets for the first time.

The truly monster-level bull market occurred from 2020 to 2021. I remember that in March of that year, the pandemic triggered a market crash, and Bitcoin fell to $3,850, but then a 20-month super rally began. First, it broke the psychological barrier of $20,000 in December, then continued to surge, eventually reaching $69,000 in November 2021. This cycle was the longest and had the largest gains in history.

The most recent one started in early 2023. At that time, Bitcoin was around $16,500. After more than a year of slow climbing, it hit a new high of $73,738 in March 2024. Although the gains this time weren’t as dramatic as the previous two, it still maintained an upward cycle of nearly 14 months.

Regarding future expectations, I see that Bitcoin’s halving cycle usually triggers the next bull market. According to historical patterns, a new crypto bull run typically begins 6 to 12 months after the halving. If this pattern continues, we might see signals of a new rally by the end of 2025, reaching new highs by 2026.

There’s an interesting pattern in this data: each bull market starts from the market bottom, then enters a parabolic rise lasting 12 to 20 months, followed by a long bear market correction. Of course, data from different exchanges may have slight deviations, but the overall cycle pattern is consistent. Currently, Bitcoin’s price is around $80,700, still below its all-time high of $126,080, leaving room for correction. This is why the timing of the last crypto bull market is especially worth studying for current investors.