2012 and 2013 were the bull market.
2014 and 2015 were the bear market.
2016 and 2017 were the bull market.
2018 and 2019 were the bear market.
2020 and 2021 will be the bull market.
2022 and 2023 will be the bear market.
2024 and 2025 will be the bull market.
It's always the same story that fluctuates around half in a 4-year cycle when the Bitcoin prize halves and the Bitcoin scarcity increases dramatically. In addition to that, there are so many lost Bitcoins, that it doesn't even come at a price in the current Bitcoin price.
Just last week, another $ 722 million Bitcoin was seized by the authorities. So, we still have another 4 million Bitcoins = $ 28 billion that have been lost.
There are not many Bitcoins left for people or investors to buy. Halving further amplifies this effect.
2020 is coming hot.