The cryptocurrency market has been experiencing a tumultuous few years, with many investors left questioning whether the recent Bitcoin bull cycle was truly complete.
Despite reaching new all-time highs of $126,200 last year, the broader economy never fully aligned with those seen in previous cycles at their strongest. This mismatch has led some analysts to describe the recent period as a 'partial bull run' rather than a full-bodied cycle.
Prominent market analyst Plan C notes that calling the just-concluded bullish phase a 'quasi bull market' is accurate, citing Bitcoin's failure to record massive expansion seen in previous periods and most altcoins suffering even more.