Bitcoin Bull Run May Peak in October Says Rekt Capital

Crypto analyst Rekt Capital has suggested that the current Bitcoin bull run may be nearing its end, drawing parallels to the 2020 bull run. According to Rekt Capital, the key marker is the 550-day period following Bitcoin’s halving, which took place in April 2024. By that timeline, the market peak would likely occur around October.

Rekt Capital believes that the current cycle resembles the 2020 bull run, and if history repeats, Bitcoin could top out within the next three months. This prediction challenges more optimistic projections that extend into 2026. The analyst also criticized the market’s shift away from historically proven indicators, such as halving cycles, in favor of newer frameworks like Bitcoin’s relationship with global liquidity metrics.

As Bitcoin continues to test resistance near its former highs, the question remains: is this the buildup to new records, or the final phase before a cooldown? The expert's analysis highlights the similarities between the current market conditions and those observed during the 2020 bull run. This comparison is significant as it provides a historical context for understanding the potential trajectory of Bitcoin's price movements.

The expert's prediction is based on the assumption that market dynamics and investor behavior will follow a similar path to that of 2020, where the bull run reached its zenith and subsequently began to decline. The expert's analysis also touches on the broader implications for the crypto market. If the current bull run follows the 2020 pattern, it could indicate a shift in market sentiment and investor strategies. This shift could lead to a period of consolidation or correction, where prices stabilize or decline before the next upward trend begins.

The expert's insights are particularly relevant for investors and traders who are looking to capitalize on the current bull run or prepare for potential market changes. The expert's prediction is based on historical data and market trends, rather than specific economic indicators or regulatory changes. This approach emphasizes the importance of understanding market cycles and investor behavior in predicting future price movements. The expert's analysis also underscores the need for investors to remain vigilant and adaptable in the face of changing market conditions.

The expert's insights provide a valuable perspective on the current state of the Bitcoin market and its potential future trajectory. By drawing parallels to the 2020 bull run, the expert offers a framework for understanding the current market dynamics and preparing for potential changes. The expert's analysis is a reminder of the importance of staying informed and adaptable in the ever-evolving world of cryptocurrency.