Bitcoin last year $101,794.5Analyst Rekt Capital, which predicts the pre-al -halving correction, updated the BTC peak period in the current cycle. Analyst said that Bitcoin’s time to reach the summit may vary in the light of past loop data. The explanations, this period may vary between 250 and 329 days.
Historical Data and Periods
Rect Capital observed that in the previous cycles, Bitcoin’s arrival of all the old times after breaking the records of all time, it took 250 to 329 days. In line with these data, it was suggested that if the date is repeated similarly, a summit could be seen in the mid -July with a 250 -day process in the market.
Rekt Capital: “If the date is repeated and the new summit is reached within 250 days after the records of all the old times are broken, a summit can be followed in the mid -July. But when a similar situation lasts 329 days, the summit can be seen at the end of September. ”
Halving Effect and Market Continuity
Analyst said that the Bitcoin HALving incident also affects this process. After the Halving, which will take place in April 2024, the miner’s awards are expected to decline in half and change their market dynamics. According to data, the 550 -day period after halving may support the peak formation in September or October 2025.
Rekt Capital: “The 550 -day process points to the summit of September or October 2025 after Halving in line with the previous loops.”
In addition, Bitcoin’s current transaction price was recorded as $ 102,439, while a decrease of about 2.7 percent in the last 24 hours. This mobility draws attention to the fluctuations in the markets.
The period intervals emphasized in the statements of the analyst enables investors to interpret the market by evaluating past data. Due to variable market dynamics, predictions contain different scenarios.
The analysis is based on estimates made in the light of past loops and points to the importance of investing investors’ own research. Variations observed in the market reveal that future peak points may vary.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
