What do you think about market cycles?

[BigBossK]

This is Bitcoin's price chart for 2013-2014:

It looks pretty similar to the recent cycle, doesn't it?

I think it's very similar to market cycles in other markets like stocks. What do you think?

[BigBossK]

"Cyclical cycles generally last 4 years, with bull and bear market phases lasting 1–3 years, while Secular cycles last about 30 years with bull and bear market phases lasting 10–20 years."

Stock market cycles

It looks like the cryptocurrency market follows a similar pattern.

Stellar should be up when the whole market is up...

[PrettyGood]

yeah it's pretty similar, the recent cycle also follows pretty similar circle of 2017

[BigBossK]

It's fairly interesting that right now it's mostly Bitcoin growing, rather than alts like Stellar. Do you think altcoins will catch up?

It's a pure speculation at this point, though. I think it takes a bit more to confirm the bull market.

[BigBossK]

Basically, this is what I'm talking about. The chart is pretty much repeating the 2013-2014 chart. It is not a perfect match (and doesn't need to be), but overall it looks the same.

The recent spike may be just a small temporary recover.

Don't get me wrong, I don't mind if the bull market starts at this point... But so far we usually had 3 years of bear market following a bull market.

[BigBossK]

By the way, this is 2011 Bitcoin price chart.

It looks like it takes roughly 3 years of bear market before reaching a new ATH.

Thoughts?