21 October 2022 | Other

Crypto market may reverse in November or December this year

The current cryptocurrency bear market has led to panic, fear, and uncertainty among investors. 

Can we conclude when it will end based on previous experience?

Analysts study market cycles to predict the duration of a bear market. Market cycles usually consist of the accumulation, markup, distribution, and downtrend phases. The last one is commonly referred to as a bear market.

According to Grayscale, if the current market cycle is structured similarly to the 2012 and 2016 cycles, and if the conclusions are accurate, the bear market could end between November 2022 and December 2022. A bull market may not occur until late 2024 or early 2025.

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