A widely followed crypto analyst says Bitcoin (BTC) could be in the midst of a phase of largely uninterrupted upside.
Pseudonymous crypto analyst Rekt Capital tells are 505,900 followers on social media platform X that BTC’s current run could continue unabated for a few more weeks.
At the time of writing, Bitcoin is trading just under $85,000, making almost $20,000 in less than a month.
Says Rekt,
“BTC history suggests that we may not see a deeper pullback in the coming weeks
Until then, we’re lucky to get a brief dip in the meantime
In general, the initial price discovery wave of several weeks tends to enjoy largely uninterrupted upside.”
In one longer analysisThe analyst points out how, based on historical cycles associated with Bitcoin’s halving, when miner rewards are halved, BTC is aiming for a bull market peak in October of next year.
“Bitcoin bottomed 547 days before the 2016 halving, but hit its bull market high 518 days after the 2016 halving
Bitcoin bottomed 517 days before the 2020 halving, but peaked in its bull market 549 days after the 2020 halving
Bitcoin bottomed 517 days before the 2024 halving, but could very well peak in its bull market ~549 days after the 2024 halving
That’s October 2025
History suggests two takeaways:
- The halving acts as a mirror. Bitcoin Bear Market Bottoms Occur a Similar Number of Days Prior to the Halving, Compared to the Number of Days it Takes for Bitcoin to Form Bull Market Tops After the Halving
- The Best of the Bitcoin Bull Market is Yet to Come…’
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