Cryptocurrency analyst and trader Rekt Capital, Bitcoin $62,039The analyst says that Bitcoin (BTC) could be on the verge of a parabolic rally after spending the last few months in a reaccumulation phase.
Parabolic Phase and Historical Cycles
Rekt Capital told his followers on YouTube that Bitcoin’s parabolic phase continues for a predictable period of time in each cycle.
“If we consider that the reaccumulation phase ended 160 days after the halving and the bull market peak occurred 550 days after the halving, this parabolic phase should last around 390-400 days.
“So we’re looking at about a year of parabolic bullish momentum heading into the bull market peak. If that continues, we could actually see a bull market peak for Bitcoin in mid-September 2025 or mid-October 2025.”
Rekt Capital stated that Bitcoin’s current price is around $59,958, 19% below its all-time high of around $73,800. Given historical precedents, the analyst suggests that Bitcoin could reach a new all-time high in the coming days.
The Halving Effect and Future Prospects
For Bitcoin, the block reward halving is an important stage in terms of its historical peak journey and 4-year cycles. Many analysts consider the halving as a turning point in the cycle when considering historical data. Rekt Capital also argues that the new peak journey that was expected after the block reward halving that took place months ago is about to begin.
“But at some point we will make a reversal to the upside. And that point is very close because we are seeing a breakout to new highs 160 days after the halving.”
Recalling that the Bitcoin halving event took place approximately 151 days ago, on April 20, the analyst argues that the time has come.
In summary, Bitcoin’s historical cycles and post-halving price movements are closely followed by investors and analysts. According to Rekt Capital’s analysis, there may be significant upside potential in Bitcoin in the coming months. However, given the volatile nature of cryptocurrency markets, it is important for investors to be careful and closely monitor market dynamics.
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.
