Bitcoin enthusiasts and traders, hold onto your seats! A prominent crypto analyst known as Rekt Capital has ignited excitement with a bold prediction: Bitcoin is on the verge of entering a major bullish phase. According to Rekt Capital, Bitcoin is currently in a re-accumulation phase and is edging closer to a parabolic surge—a phase where the price could skyrocket dramatically.
Rekt Capital, who shares insights with over 84,000 YouTube subscribers, draws attention to the historical patterns of Bitcoin’s price movements. Based on past cycles, Bitcoin’s trajectory is set for an explosive upward move. The analyst points out that Bitcoin is typically around 214 days post-halving when the cryptocurrency starts breaking out into new highs. With this pattern in mind, Bitcoin could be on the cusp of surpassing its current all-time high of approximately $73,800.
The prediction hinges on the historical trend where Bitcoin has reached its bull market peak between 518 to 546 days after the halving event. For instance, the 2020-2021 cycle saw Bitcoin reaching its peak 546 days post-halving, while the 2016-2017 cycle hit its zenith at 518 days. This historical context suggests that Bitcoin could be gearing up for a major bull run around September 2025.
At present, Bitcoin is trading at $59,984. If history repeats itself, traders could be looking at a thrilling period ahead, with the potential for significant gains. Rekt Capital’s analysis suggests that the coming months could see Bitcoin entering a new phase of price discovery, where the cryptocurrency might hit new all-time highs and possibly even redefine its previous records.
For traders, this is a crucial time to stay informed and consider the potential for a major breakout. While the excitement is palpable, it’s essential to approach with a balanced perspective and be prepared for the inherent volatility that comes with such significant market movements.
