Ethereum and Bitcoin - Analyzing last three bull cycles to understand the current market situation

Hello everyone,
How are you all? I hope everyone is fine and doing great in life.

Market situation is giving all of us mini heart attack and a lot of people are in panic but let us understand what is really happening and for that today we will analyze the performance of market specifically in the month of December during the bull cycle.

For that we are going to see the month of December in the year 2012, 2016, and 2020 and as Ethereum was not there in existence in 2012 for Eth we will consider 2016 and 2020 so let us look at the charts below.

ETHEREUM 2016

ETHEREUM 2020

So in Ethereum we saw that the market saw an upsurge for the next three months that is January to March.

Let us now look at the chart of Bitcoin below:

It was hard for me to find the data for 2012 but what you see in the screenshot below is the price of btc in 2012 december and that was trading at $13 and from there it shoot up to 10x in April 2013.

Even in 2016 we saw the same thing getting repeated as you can see in the screenshot below.

Bitcoin went up from $750 to $2500 in May 2017 so maybe we just have to hold our bags and do nothing more than that at this moment.

Now finally in the data for the last bull cycle we can see that bitcoin went all the way up from 23k USD to 63k USD and hence we have seen these three months good at least for Bitcoin and Ethereum.

If you want to do some self research you have to check when really Eth started to outperform bitcoin and then you can also get the idea of when Alt season will arrive. Altcoin season is expected when Ethereum starts to outperform bitcoin.

So that was all for this blog, share anything you have in mind and we can discuss.

Thank you