Cycle Start and Timeline The current BTC bull market started from the low of $15,460 in November 2022. As of September 2025, it has lasted approximately 1,044 days, nearing the historical cycle peak duration of around 1,060 days. Based on the traditional "cycle theory," the peak could occur in October 2025. Structural Market Shift A historic shift in BTC ownership is underway. Early holders are continuously selling, while traditional capital from BTC spot ETFs and Digital Asset Trusts compani...
