The current Bitcoin cycle looks different from past ones.

According to a crypto analyst, identified as PlanC, instead of sudden drops and fast recoveries like in 2017, the Bitcoin market may move sideways for longer periods during this cycle.

The current Bitcoin cycle is different from past cycles with less "pain" in terms of percentage corrections but more "pain" in terms of time corrections, according to a crypto analyst.

PlanC says that instead of sudden drops and fast recoveries like in 2017, the Bitcoin market may move sideways for longer periods during this cycle. This is due to the market experiencing fewer, lower-percentage corrections throughout the bull run.

“This cycle, I predicted that the “pain” would be more related to correcting, “In TIME”

“Fewer, lower-percentage corrections throughout the bull market—different from the 2017 cycle, which had many short-lived, extreme price drops and rapid recoveries,” PlanC said.

The crypto analyst predicts that this trend could cause short-term traders, who are used to seeing rapid price changes, to exit their positions early.

“If the market stays in consolidation for too long, I think we might see some short-term traders get out of the market early, as they are used to seeing rapid price changes and prefer to trade on a shorter time frame,” PlanC said.

However, PlanC notes that long consolidations can build stronger price support levels, adding that the current trend could lead to a more sustainable market cycle.

Another analyst, known as Cryptoshi, says that if Bitcoin had rapidly surged to $130K or $140K, then it would have signaled the end of the cycle.

“If we saw a rapid move to $130K- $140K then yes I’d say cycle done. But not a slow grind up like this. A healthy correction back to $80K was needed after such a strong run up. We are still in the same cycle.”

Currently, BTC is trading at $83,199 – at least 31% below the all-time high.

According to Cryptoshi, a correction to the $80K range indicates that there is more room for growth in the market.

“A correction to the $80K range is healthy after such a strong run up. We are still in the same cycle and I expect BTC to continue upwards from here.”

Cryptoshi also agrees with PlanC’s prediction that the Bitcoin market may experience a slow and steady grind up rather than quick surges.

“I think it’s going to be a slow and steady grind up rather than a quick and volatile surge.”