Bitcoin Bull Run Could Last Until 2025: Analyst
Bitcoin's bull market duration could extend until the second half of 2025, according to a crypto analyst who accurately predicted the cryptocurrency's pre-halving correction last year. The analyst, known as Rekt Capital, shared his updated outlook with his 105,000 YouTube subscribers, based on historical patterns.
Rekt Capital analyzed the time it took for Bitcoin to reach its peak in previous cycles, from breaking out of prior all-time highs to printing new market cycle highs. He found that the range varied from 250 to 329 days. If history repeats, Bitcoin could peak in mid-July 2025 if the cycle lasts 250 days. However, if the cycle extends like it did in 2021, Bitcoin could peak in late September 2025, 329 days after breaking old all-time highs.
Rekt Capital noted that a late September Bitcoin peak would be approximately 550 days from its April 2024 halving, when miners' rewards are cut in half. This timeline aligns with previous cycles, despite variations in acceleration beyond breaking into price discovery. At the time of writing, Bitcoin was trading at $102,439, down 2.7% in the last 24 hours.
