According to research that was published on the 28th of December by Aurelien Ohayon, CEO of the strategic services platform XOR, it has been observed that Bitcoin’s previous bull runs have occurred after every four years. In this particular instance, he pointed out that the first bull market began in 2011, followed by another decline in 2014, which was followed by a rebound in 2015. In point of fact, following the crypto cold season of 2018, Ohayon pointed out that 2019 would form the base of another Bitcoin bull run.

Therefore, 2023 may serve as a foundation for the Bitcoin bull run if past trends are any indication. According to Ohayon’s study of Bitcoin’s technical data, bear markets run for no more than a year.