After the recent fourth Bitcoin Halving event, Rekt Capital has provided insights into the potential future trajectory of Bitcoin. According to the analysis, there is a possibility that Bitcoin could reach its peak in the upcoming bull cycle within the next year. Drawing parallels to past Halving cycles, Rekt Capital predicts significant gains for BTC in the months ahead.
In previous Halving cycles, Bitcoin reached its all-time high within a specific timeframe following the event. For instance, in the 2015-2017 cycle, it took 518 days for Bitcoin to hit its peak after the Halving. Similarly, in the 2019-2021 cycle, the digital asset reached its top within 546 days post-Halving. This pattern suggests that the event has historically spurred substantial growth for Bitcoin.
Based on historical data and analysis, Rekt Capital estimates that the next bull market top for Bitcoin might occur between 518 and 546 days following the recent fourth Halving. This projection places the potential peak around the middle of September or mid-October in 2025. The analyst also highlights the importance of Bitcoin consolidating for optimal synchronization with past cycles.
One interesting observation made by Rekt Capital is the occurrence of a “Post-Halving Danger Zone” after the event. Historically, Bitcoin has experienced declines in the three weeks following the Halving, as seen in 2016. This period, characterized by potential downside volatility, could lead to fluctuations in the Re-Accumulation Range.
Despite the short-term challenges post-Halving, Rekt Capital expects Bitcoin to enter a parabolic phase after the re-accumulation stage. In past Halvings, Bitcoin has typically consolidated in the Re-Accumulation Range for up to 150 days before embarking on a significant upward trend towards a new all-time high. The analyst foresees a similar trajectory for the current cycle.
At the time of writing, Bitcoin is experiencing a slight downturn, with a 5% decrease in the past week, trading at $62,504. While the market cap has seen a decline of 1.53%, the trading volume has surged by over 22% in the last 24 hours. These fluctuations indicate the dynamic nature of the cryptocurrency market.
It is essential to note that the information provided in this analysis is for educational purposes only. The opinions expressed by Rekt Capital do not necessarily reflect those of NewsBTC, and readers are encouraged to conduct their own research before making any investment decisions. Investing in cryptocurrencies carries inherent risks, and caution is advised when navigating the volatile market landscape.
