As bitcoin prices hover above the $55k zone, a number of participants wonder when the bull run will end. Bitcoin proponents are convinced bull markets have three waves and another wave may start soon. However, despite a variety of tools being used like tarot cards, no one is truly sure what will happen with bitcoin and crypto markets next.

Counting Down the Days- Guesstimating Bitcoin Bull Runs

Bitcoin enthusiasts are still very optimistic about the price of the leading crypto asset and many believe the bull run is not over. Traders and those who are extremely curious about short-term price swings have been leveraging a number of tools in order to predict the future price of BTC. Tools and charts utilized include the stock-to-flow (S2F) model, logarithmic growth curves, golden ratio multiplier, HODL waves, profitable days and so much more.

How Long Does a Bitcoin Bull Run Last? Proponents Use a Myriad of Charts and Models to Predict Future Prices
The picture above is a HODL waves chart via Unchained Capital and Glassnode on May 10, 2021. “The…

Click to continue reading on its source location…