As discussions intensify within the crypto community regarding Bitcoin’s forthcoming cycle top, a market expert has provided valuable insights into this pressing topic. The expert also outlines a potential timeline for when the largest digital asset could experience a price peak in the ongoing cycle.
The Next Cycle Top for Bitcoin Set to Occur in 2025
In a bold forecast on the X (formerly known as Twitter) platform, Rekt Capital, a seasoned crypto expert and trader, has pinpointed a specific timeline for Bitcoin’s next cycle top. According to him, the digital asset could embark on a major rally in the near future.
Rekt Capital’s prediction is rooted in historical trends and key market cycles, particularly those surrounding the Bitcoin Halving event. These cycles have consistently preceded previous bull runs. The expert notes that prior to the 2016 Halving event, Bitcoin reached its lowest point 547 days earlier, and then peaked in its bull market approximately 518 days later. Similarly, in the 2020 Halving cycle, BTC peaked 549 days after the event, having bottomed out around 517 days before.
In light of the 2024 Halving held in April, Bitcoin also saw its price bottoming out 517 days prior. Consequently, Rekt Capital is confident that BTC might experience a peak 549 days following the Halving, which projects the cycle top to occur around October 2025. These aligning patterns offer two key takeaways for investors and traders as they anticipate significant price movements leading up to the cycle’s peak.
Key Takeaways for Investors
The first takeaway, as highlighted by Rekt Capital, is that the Bitcoin Halving acts like a mirror. This means that BTC Bear Market Bottoms occur roughly the same number of days before the Halving as it takes for the asset to form Bull Market Tops following the Halving. The second takeaway is that the most significant phase of the Bitcoin bull market is yet to come.
BTC Is About to Enter the Parabolic Upside Phase
It is noteworthy that BTC’s journey to a cycle peak may be commencing soon, as the analyst predicts an impending shift in market sentiment. After scrutinizing the current price action of BTC, Rekt Capital suggests that history indicates the asset will transition from its Reaccumulation phase to its Parabolic Upside phase within the next week or so.
Historically, between 154 and 161 days post-Halving, BTC has broken above its Reaccumulation phase. Given that in the current cycle, the asset has remained in this phase for roughly 157 days post-event, the expert anticipates a breakout in the upcoming days.
Conclusion: As Bitcoin continues its journey, the anticipation of a cycle peak in October 2025 and the impending Parabolic Upside phase present exciting opportunities for investors and traders. Staying informed about these patterns can offer valuable insights into market movements and potential returns.