The essence of the Bitcoin Market Stages model
So according to his interpretation, the bull market for Bitcoin started from the beginning of this year. At the same time, he noted that the new development does not predict or evaluate. It determines the stage at a particular moment in the market. His model defines four consecutive stages: early and late bull market and similarly bear market. So according to the presented schedule, the late stage of the bears stopped in December 2022. At the same time, she has completed 4 consecutive cycles since 2011.
