Where are we now in the bull run? What does history tell us? Which phase are we in?

As we get further along in the bull run, and gather more information, the fog begins to lift and we can get a better idea of where we are.

Back in May, a lot of people thought we had already gone through the final phase of the bull run, and some people said we were in 2018 2.0.

I had serious doubts about that, having been through bull runs before. Never seen a crypto bull run being that short. Considering they keep getting longer, and with more adoption, more institutional investors, and increasing interest, it didn't add up.

Plus, in past runs, people have always been premature at calling the peaks. Myself included. I called it about 3 times too early back in 2017.

Here is where we are now:

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2021

If the past is any guide, we know that there has consistently been double peak formations, inaugurating each bull run with a first peak, followed by a crash. Then the real bull run starts after that.

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2011

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2017

The most pronounced double peak was in 2013

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2013

And it looks like we might be set to repeat this stronger double peak market:

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https://preview.redd.it/0d2mlaoqtmu71.jpg?451&format=pjpg&auto=webp&s=0d8cd962e0bee8ff5c2cb6ab154a7429549d0f33

In the phases of a bull run, this might put us right after the bear trap, after the first sell off.

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https://preview.redd.it/p9sk5vqoumu71.png?640&format=png&auto=webp&s=69c7c9505c075544652ba6d1b1262f58fd1d464a

If 2017 is any guide, we still have to go through the crypto craze phase, where crypto has its own version of Beatles mania. Where the media shifts the story from regulation and criminal activity, to instant millionaires and lambos.

This is still just a theory.

Remember, nobody knows shit about fuck.

But as we get more information as we get further along in this bull run, we can get a better idea of where we are. Or develop better theories.

At least we know that we are not currently in a bear market, and May wasn't 2018 2.0. And if that's the case, history tells us that we may have only inaugurated the bull run.

Things are just getting started.