Bitcoin Bull Market Could Extend Until Late 2025, Analyst Suggests
08.09.2024 11:00 1 min. read Alexander Stefanov
Cryptocurrency analyst Rekt Capital has presented a compelling analysis indicating that Bitcoin’s current bull market might last until October 2025.
This forecast is based on historical patterns related to Bitcoin halving events.
Rekt Capital observed that Bitcoin hit its lowest point 547 days before the 2016 halving and reached its peak 518 days afterward.
A similar trend was noted for the 2020 halving, with Bitcoin bottoming out 517 days before and peaking 549 days after the event.
Following this pattern, Bitcoin appears to have reached its low 517 days before the 2024 halving, suggesting that the next peak might align with October 2025, approximately 549 days later.
This analysis highlights a recurring pattern where Bitcoin’s market cycles are closely linked to halving events, with bear market lows and bull market highs occurring symmetrically around these events.
According to Rekt Capital, this trend indicates that the current bull market is likely still in progress and could continue for an extended period.
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