Rekt Capital Uncovers Unexpected Trends in Bitcoin’s Accelerating and Decelerating Bull Run


In the volatile world of cryptocurrency, the behavioral patterns of Bitcoin’s fluctuating prices continue to take center stage. Rekt Capital, a well-known crypto analyst, dives deep into the anomalous progression of Bitcoin’s ongoing bull run. By shedding light on the contentious issue of predicting Bitcoin’s potential peak, Rekt Capital sets this analysis apart from others.

Through a meticulous examination, the analyst reveals that the trajectory of Bitcoin’s cycle has deviated from its routine patterns. As of mid-March 2024, Bitcoin hadn’t just scratched new heights but did so approximately 260 days earlier than the anticipated timeline set by its usual halving cycles. This indicated a rate of acceleration vastly superior to precedent cycles.

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However, the startling pace hasn’t persisted. Over the subsequent two months, Bitcoin veered into a phase of consolidation. The after-effect was a sizeable change in Bitcoin’s growth curve, causing the speed advantage to shrink by about 210 days relative to former cycles. This deceleration looms as a crucial component since it might trigger a realignment with the original halving cycle.

The analyst offers a fresh perspective to the debate, proposing a shift from solely looking at halving events to considering the phases succeeding Bitcoin’s surpassing of its previous peak points. Traditionally, once the digital currency breaks past its former high, a bull market top is likely to materialize within 266 to 315 days.

Based on this trend, and with the anticipation that Bitcoin once again crossed its previous high in mid-March 2024, the estimated window for the subsequent bull market peak could manifest within late November 2024 and late January 2025. However, the period for which Bitcoin remains beyond old peaks is worth acknowledging.

A clear pattern seems to signify that the duration is lengthening, as seen in 2013, this spell extended for 268 days, grew to 280 days in 2017, and skyrocketed to 315 days in 2021. This increment translates to an estimated extension of an extra 14 to 35 days per cycle.

Adjusting for these increments, the apex might possibly be delayed to anything between 280 to 350 days after surpassing previous peak values. Consequently, the expected peak might shift to a time frame within mid-December 2024 and early March 2025.

Despite the current hastened cycle, there hangs a slight possibility of further deceleration, realigning Bitcoin more closely with its halving rhythm. Drawing from history, Bitcoin’s peak times in previous cycles, such as 2015-2017 and 2019-2021, were 518 and 546 days after halving. If the current rate of acceleration continues to dwindle, a potential resynchronization could occur, possibly deferring the climax to anywhere between mid-September and mid-October 2025.

Thus, if Bitcoin indeed continues to lessen its speed within the cycle, it would typify a return to the conventional halving cycle, resulting in a peak that bears a resemblance to past occurrences, indicating a divergence from the present hastened timeline.

As of the closing time, Bitcoin was valued at $64,262. This detailed analysis sets the stage for a renewed narrative in the intriguing saga of Bitcoin’s market trends.