Too Long; Didn't Read
Bitcoin's price has fallen over 50% to $29,807 on July 21 from its all-time high of over $64,000. Bitcoin’s market cycle is subject to interpretation, but it could be in the same stage as the previous accumulation phase indicating a bullish trend is coming. The uptrend could also be due to the anticipation for the upcoming London Hard Fork, which is set to launch on August 4, 2021, as a stepping stone to Ethereum 2.0 integration sometime in 2022.