As the leading cryptocurrency Bitcoin (BTC) gradually approaches its previous ATH of around $111,700, it is wondered whether it can maintain this upward momentum. At this point, some analysts state that the recent movements in BTC indicate an accumulation phase before the rise, while some analysts argue that BTC has peaked and the bull will end. One of these analysts was Rekt Capital. Rekt Capital said in its latest analysis that Bitcoin's rise and bull cycle could end within three months. The Bull May End in October! Crypto analyst Rekt Capital said that if Bitcoin follows a similar pattern to its 2020 cycle, there are only a few months left for the price to rise in the current bull cycle. The analyst noted that the current bull run could end within the next three months, with the cycle likely to peak this October. At this point, the analyst noted that if the Bitcoin cycle follows the 2020 pattern, the market will likely peak in October, 550 days after the Bitcoin halving in April 2024. “We potentially have two to three months left in this bull market.” This prediction from Rekt Capital contradicts other estimates suggesting that the current bull market could extend into 2026. On this point, the analyst argued that many analysts are ignoring the halving cycle and historical patterns. “Many people are happy to throw away time-tested principles, but it is really important to trust such criteria. But recently, the historically more reliable halving metric has been sidelined in favor of a new narrative like Bitcoin’s correlation with the global M2 Money Supply.” *This is not investment advice. Continue Reading: Famous Analyst Said Don't Believe Other Analysts, Announced the Date When the Bitcoin Bull Will End! "We Only Have a Few Months! Here's Why!"
