Bitcoin has been in a bullish trend for nearly 1,000 days, beginning on November 21, 2022, when it reached a low of $15,504. As of now, Bitcoin has surged approximately 590% to $107,500. The nature of bull markets lacks formal definitions, but typically, a bull run is considered to start when an asset rises 20% from a low and ends when it retraces that amount from a recent high. This current bull market, while resulting in a 6.2x increase, is significant when compared to past cycles, which saw larger multipliers. The first bull market, starting in late 2011, peaked after 750 days with a 620x growth, while the second peaked around 850 days with over a 100x increase. Historically, three bull cycles provide limited data for upward trends. If this pattern continues and Bitcoin reaches its peak after mid-October 2025, it could mark the longest bull market in Bitcoin history, especially as the US dollar has depreciated around 10% since late 2022, making Bitcoin's current price equivalent to about $97,700 in November 2022 dollars.

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