Cryptocurrency analyst and trader Rekt Capital, Bitcoin $58,156He stated that the could enter an uptrend after September. According to the analyst, the fourth quarter of this year could be positive for Bitcoin. Based on past data, it is thought that Bitcoin could provide consecutive positive returns in October, November and December.
October Performance
Rekt Capital noted that Bitcoin has historically gained 22.9% on average in October. Bitcoin has generally closed October positively, but has only had two years of negative closings. These were in 2014 and 2018, when the market was in a bear trend.
Halving Cycle and Future Predictions
When looking at Bitcoin’s past halving cycles, it is seen that the peaks occurred between 518 and 546 days after the halving. If history repeats itself, it is thought that Bitcoin’s peak in this cycle could be in September or October of 2025. Accordingly, Bitcoin may seek new peaks starting from the second half of the halving.
September and the Downtrend
Historical data shows that Bitcoin is generally in a downtrend in September. Bitcoin, which has lost an average of 5%, may show a similar trend this year. However, the analyst expects a positive picture after September.
Rekt Capital evaluates Bitcoin’s historical cycles, highlighting potential earning opportunities in future periods. These analyses based on past data can help investors evaluate Bitcoin’s future performance. However, it is important for investors to do their own research and consider the risks. Investment decisions should be made at individual responsibility.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
