EAGLEEYE COIN: Cryptocurrency Market Historical Bull Market Review

Let's take a look back at the past few bull markets.

The first bull market.

Time period: September 2010 - June 2011, duration 9 months.

Bitcoin rose from $0.06 to $36, then immediately fell to $2.50, a 93% drop, but has not gone below $2 since.

This phase was only speculation in the hands of a few bitcoin geeks.

Second Bull Market.

Timeframe: October 2011 to April 2013, duration 7 months, bitcoin production halved November 28, 2012

Bitcoin rose from $2 to $260, a 130-fold increase. Then in less than a week, Bitcoin fell to $50 , a drop of 80%.

The main chips at this stage were concentrated in the hands of East Asian retail investors.

Based on past experience, there will be a bitcoin bull market in the year or so following the halving of bitcoin.

Third bull market.

Time period: April 2013 to December 2013, duration 8 months.

Bitcoin started rising from $50 and reached $1,000 in December 2013, a 23-fold increase.

After that, it fell all the way to $150 in January 2015, an 87 percent drop. But while Bitcoin fell to $150.

The main chips at this stage were concentrated in the hands of East Asian retail investors.

Fourth bull market.

Timeframe: 2 years duration from January 2016 to December 2017, July 2016 Bitcoin production halved.

Bitcoin started a slow rise from $400 in January 2016 to $20,000 in December 2017, a 50-fold increase.

In 2017, Bitcoin went from $1,000 in January to $5,000 in 10 months. And the spike from $7,000 to $2,0000 took only 20 days - big bull runs are often short-lived.

The major chips at this stage were concentrated in the hands of East Asian retail investors.

The 5th bull market

May 12, 2020 was the 3rd halving of Bitcoin. The price of Bitcoin was over $6,900 on that day.

After the Bitcoin price broke all-time highs in December 2020, it crossed $60,000 in less than six months

opening one of the strongest bull markets in history.

The Covid period was characterized by increased fiat currency issuance by central banks, and sustained buying of Bitcoin by various institutions.

The main chips at this stage were concentrated in the hands of North American institutions, and the dominance of the direction of the cryptocurrency market shifted from retail investors to institutions.

Currently, Bitcoin is quietly coming out of the 'M-top' trend, but no matter whether it is a bull market or a bear market, high-quality ICOs are popular investment projects in bull and bear markets.

EAGLEEYE COIN trading center, as the new king of the cryptocurrency market, was established after the acquisition of several important mining companies in the industry and the integration of high-quality ICO qualification resources, aiming to quickly seize the cryptocurrency market and become the industry leader through the latest reform of the core trading and investment functions.

EAGLEEYE COIN trading center is headquartered in the United States. The service scope is wide and the market radiates globally. The company has a professional, efficient and experienced blockchain technology and operation team with decades of experience in Internet development and services. A group of Internet experts with unique insights and vision are committed to providing a safe, convenient, stable and low-cost comprehensive service platform for global cryptocurrency users.

AGLEEYE COIN Trading Center is committed to building a safe and reliable cryptocurrency trading platform. The team has decades of experience in financial risk control. Core members graduated from Harvard University, Yale University, MIT, Cambridge University and other prestigious schools.EAGLEEYE COIN trading center holds a number of financial licenses and constantly improve the global qualification. The platform is stable for a long time, and the risk of investment is guaranteed. 

EAGLEEYE COIN trading center with low commission rate contract trading and high quality ICO project based on the market and obvious advantages, the future has a NASDAQ listing plan, the core operating projects for the ICO HO FOF mining pool project.

The ICO project is the leader of the industry's high-quality investment projects, and has become the focus of cooperation between many issuers and a popular project for users to invest in. The project will surely create many investment legends in the industry

FOF Mining Pool project is a portfolio investment project of high-quality mining machines in the industry, and its main feature is low risk and stable income.

EAGLEEYE COIN trading center's system comprehensively optimizes the user experience, with multi-point load diversion technology to maximize system smoothness, and provides multi-level servers to guarantee transaction speed. The trading system experience satisfaction is benchmarked against the world's top trading systems.

EAGLEEYE COIN trading center's security level for the financial level security level, protection of user assets, digital asset storage intelligent hot and cold separation, full chain digital wallet, account encryption technology comprehensive application, constantly upgraded to the industry's top security level, escorting the user.

EAGLEEYE COIN trading center has an independent and perfect user service system, provides the most perfect and convenient management system support, 7 * 24h fast response, really create a fair, just and open data trading market.

EAGLEEYE COIN trading center supports spot, fiat, contract, ICO and other transactions. Support the whole chain of stored value and coin withdrawal service. Support global banking system transfer and withdrawal services. Support market price, limit price, take-profit and stop-loss orders. 7*24h multi-language online customer service.

When EAGLEEYE COIN trading center was established, it adopted the method of high-quality ICO to publicize and increase the visibility of the trading center.

It is also committed to creating a quality platform for investor education in the cryptocurrency market.

Therefore, EAGLEEYE COIN trading center will be a gathering place for many professional investors, so it's fun.