Bitwise CEO: The crypto market bearish period may have lasted nearly 6 months and is nearing its end

TechFlow news, November 14 — Bitwise CEO Hunter Horsley posted on social media that the traditional four-year cycle model is based on the past eras of cryptocurrency. Since the launch of Bitcoin ETFs and the new administration taking office, the market has entered a new structure, with emerging new participants, new dynamics, and new buying and selling motivations.

Hunter Horsley believes the crypto market has likely already experienced nearly six months of bear market and is about to emerge from its lows. The current cryptocurrency market environment is unprecedentedly strong.