Bitcoin
Crypto Analyst Says Bitcoin’s Parabolic Phase Has Begun, Outlines Time Left Before BTC Hits the Bull Market Peak

Credit : dailyhodl.com
An analyst is bullish on Bitcoin (BTC) amid the flagship cryptocurrency’s rally to a brand new all-time excessive of round $93,500.
The analyst below the pseudonym Rekt Capital tells In accordance with its 95,400 YouTube subscribers, Bitcoin has lastly entered the “parabolic section of the cycle.”
“So we’ll see a number of weeks of upside… earlier than we see the primary form of correction.”
In accordance with the pseudonymous analyst and dealer, Bitcoin has simply over 40 weeks earlier than it reaches the highest of the cycle, based mostly on historic precedent.
“We’re as soon as once more within the parabolic section of the cycle and have solely simply begun. And right here we are able to see that the highest of the bull market, based mostly on what we have seen previously, is from mid-September to mid-October 2025.
Merely put, it takes Bitcoin 518 days from the halving to succeed in the height of the bull market. That was the case in 2017 and in 2020 it was barely longer – 550 days after the halving.
So if we’re principally simply going to do that, it provides us a couple of 30 day buffer in order that we might see a bull market peak from mid-September to mid-October 2025.
And so we’re within the remaining section of the Bitcoin cycle, the parabolic up section after the halving, and it’s a fairly prolonged section. You’ll be able to see that this can take fairly a while and we are able to roughly anticipate round 300 days.”
Bitcoin is buying and selling at $89,230 on the time of writing.
Do not miss a beat – Subscribe to obtain e mail alerts straight to your inbox
Examine worth motion
Comply with us additional X, Facebook And Telegram
Surf to the Day by day Hodl combine
Generated picture: Midjourney
-
Meme Coin6 months ago
DOGE Sees Massive User Growth: Active Addresses Up 400%
-
Blockchain12 months ago
Orbler Partners with Meta Lion to Accelerate Web3 Growth
-
Videos12 months ago
Shocking Truth About TRON! TRX Crypto Review & Price Predictions!
-
Meme Coin1 year ago
Crypto Whale Buys the Dip: Accumulates PEPE and ETH
-
NFT9 months ago
SEND Arcade launches NFT entry pass for Squad Game Season 2, inspired by Squid Game
-
Solana3 months ago
Solana Price to Target $200 Amid Bullish Momentum and Staking ETF News?
-
Ethereum1 year ago
5 signs that the crypto bull run is coming this September
-
Gaming1 year ago
GameFi Trends in 2024