The end of a 2 year old bull run.

I made a series of articles leading to the end of the bear market. I think, we are even closer today if Bitcoin fails to break 58k inside this week. I take the risk of giving $65k as the top of this bull run but first we need a huge downside correction, and a bounce that will fail to bring higher price.

I base my assumption of $65k being the top, on many events I've seen unfolding. A major one is time. Why is time important for Bitcoin and what can actually happen, where is the tipping point and when the sentiment of investors will change to negative is given bellow:

• Bitcoin doesn't just rise, it has cycles.

Yes this is Bitcoin, we learn this by hard, and we learn this when we buy the top and become bag holders. Nobody cares if Bitcoin can be used to buy a coffee, nobody cares if Bitcoin can be used for transcations.

This is all about the game, buying low selling high, buying high selling higher, until the hot potato is held by the final investor that buys the top.

Then the bear market begins.

With simply looking at the charts we find the lows and highs of the market. We had three bull runs for Bitcoin, followed by two bear runs, we are in waiting for the third bear market soon.

From the lowest low to the highest high the dates of the previous bull runs from start to ending are these:

• 24/10/2011 - 25/11/2013, lasted for two years and one month

• 12/01/2015 - 11/12/2017, lasted for one year and eleven months

• 10/12/2018 - 14/4/2021 - lasted for two years and four months

We read this corectly, this bull run is now running for more than two years. It reached a low of $3215 on the 10th of December, 2018, and since then it had some swings but it has been very bullish with the exception of March 2020 and the pandemic crash, that happened before the third Bitcoin halving.

With this article, I am pointing the facts. After this Bitcoin price action and the increase by 2,000% the bull run will have to end. This is how Bitcoin works, it is programmed to do that, and everybody in the field knows the end is approaching.

From my part, I don't write this to tell you to sell. In 2017, I followed the hodlers that profited and sold at $10,000. They made 200 times their money and they knew it was coming. did it matter to sell at $20,000 or anyone really thinks that they can find the exact top to sell? Nobody can do that, we don't blindly hold unless you plan for a long ride of pain during the bear market.