The article discusses the current state of the bitcoin bull market, highlighting that it has been ongoing for approximately 799 days. The author notes that traditional indicators of bull markets may not apply to crypto and estimates that previous bitcoin bull markets have lasted around 1,000 days on average. Despite a recent correction, bitcoin's performance in this bull market has been healthy, with a 6.6x increase in value. However, the article mentions that altcoins have not yet experienced a significant season of growth compared to bitcoin. Altcoin seasons are defined as periods when altcoins outpace bitcoin for 90 consecutive days or more. Currently, bitcoin remains the dominant focus of the crypto market.
Content Editor ( blockworks.co )
- 2025-01-27
Bitcoin bull market nears 800th day, altcoin season still far away
