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Bitcoin Price Prediction: Is the Bull Run Cycle Coming to an End? BTC May Reach Its Peak Within Months
Famous market analyst Rekt Capital recently pointed out that the current Bitcoin bull run cycle may have entered its final stage, with the market peak expected to occur within a few months.
Halving Cycle Model Predicts Peak Time
Rekt Capital's analysis is based on the historical patterns of Bitcoin halving. By comparing the past trends after Bitcoin halving, he found that BTC usually reaches its cycle peak 518 to 550 days after halving (both the 2016 and 2020 cycles conform to this pattern). According to this model, the current market has gone through a typical post-halving cycle of about 88% and is entering the later stage.
Beware of the risks of prolonged cycles
Although some investors expect the current Bitcoin bull run cycle to last until 2026, Rekt Capital warns of the risks of excessive deviation from historical patterns:
Unique Aspects of the Current Cycle: Long Accumulation Period
Rekt Capital emphasizes that a notable feature of the Bitcoin halving market in this round is the longest "re-accumulation phase" in history. Since the halving in April 2024, BTC has experienced a high-level sideways consolidation below its historical high for eight months.
Subsequent Trends and Risk Warnings
Currently, the king of cryptocurrencies Bitcoin is still consolidating below its historical high. Analysts point out:
Key Advice for Investors
Gate Latest Market Update: As of the time of writing, BTC has steadily risen over the past week, currently trading at just above 108,840 USD, with a slight decrease of 0.93% in the last 24 hours.