Crypto Market: Time Is On the Bulls’ Side, No Major Bearish Move Expected

• According to Hurst Cycle Theory, the current crypto market may not be due for a correction for a while.
• The theory looks for a repeating rhythm of time distance from trough to trough.
• Longer-term cycles suggest that major bearish movements won’t occur until mid-2026 at the earliest.

Time Is On Bulls’ Side

The crypto market has seen another 10% pullback in just 48 hours and this has caused crypto market sentiment to instantly shift towards expecting further corrections. However, Hurst Cycle Theory suggests that there may not be any major bearish movements in the near future. This theory was created by American engineer JM Hurst in the 1970s and looks for patterns of time distance from trough to trough.

Short-Term Cyclical Behavior

The chart below shows how past 50% or more corrections have followed a cyclical pattern with repeating time cycles. This means that the next major trough is not expected until January 2024 at the earliest.

Connecting Long-Term Bitcoin Bottoms

In addition to shorter term cycles, larger time cycles can also be used when looking at bitcoin prices according to Principle of Harmonicity – these can be broken down into halves and thirds. The smaller 1/3 harmonic cycle takes Bitcoin price all the way back to previous bear market bottoms, with another one of these cyclical troughs not due until mid-2026 at the earliest.


Overall, Hurst Cycle Theory suggests that despite recent bearish moves in cryptocurrency prices, there is still some room before any large scale corrections are likely to occur again – with this timeframe spanning as far out as 2026 by some measures.


It is important to note that Hurst Cycle Theory does require some subjectivity so it cannot be taken as certain fact – although it does provide an interesting insight into where Bitcoin prices might head over medium and long term periods of time.