Insights on Bitcoin’s Bull Run Peak Timing
Rekt Capital has shared valuable insights into when Bitcoin is expected to reach its cycle highs, reassuring investors that the cryptocurrency is still far from reaching a market top, despite recent declines to new lows this week.
Bitcoin’s Expected Peak in Current Bull Run
According to Rekt Capital, Bitcoin could potentially peak in this cycle around mid-September or mid-October 2025. This prediction is based on historical trends, with Bitcoin reaching its peak 518 days after the halving event in the 2017 bull run and 546 days after the halving event in the 2021 bull run.
- Analyst projects market top between 518 and 546 days after halving event
- This timeline suggests a potential peak in September or October next year
- Bitcoin’s acceleration in the current cycle has slowed down
Acceleration Decline and Market Resynchronization
Despite initially accelerating by 260 days earlier this year, Bitcoin’s acceleration has drastically dropped to around 150 days due to a three-month consolidation period post-halving event. Rekt Capital believes that as Bitcoin continues to consolidate, it will eventually resynchronize with the traditional halving cycle.
Refusal to Deter by Price Action
Rekt Capital remains confident in Bitcoin’s upward potential despite current price actions that suggest the end of the bull run. The analyst predicts that Bitcoin will retrace significantly before continuing its uptrend, convincing skeptics of the bull market’s continuation.
Downtrend Watch and Market Shift
Rekt Capital has highlighted Bitcoin’s recent downtrend as a crucial moment to watch for a potential trend shift. The analyst suggests that a break in the multi-week downtrend could signal the beginning of a new uptrend for Bitcoin.
- Analyst views current downtrend as final shakeout before cycle peak
- Anticipated cycle peak price target of $171,000 for Bitcoin
- Expectation of new all-time highs before the end of the current bull run
Hot Take: Bitcoin’s Path to Peak
As Bitcoin continues on its journey through the current bull run, investors remain optimistic about the cryptocurrency’s potential to reach new heights. With key insights from analysts like Rekt Capital, the market remains dynamic, presenting both challenges and opportunities for crypto enthusiasts.