Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs

Crypto analyst Rekt Capital has provided insights into when the worth of Bitcoin will reach its cycle highs. His evaluation has provided reassurance that the flagship crypto continues to be removed from a market top despite its recent decline to latest lows this week.

When Will Bitcoin Peak In This Bull Run

Rekt Capital mentioned in an X (formerly Twitter) post that Bitcoin could peak on this cycle sometime in mid-September or mid-October 2025 if history were to repeat itself. The analyst noted that Bitcoin peaked 518 days after the halving event in the course of the 2017 bull run and 546 days after the halving event in the course of the 2021 bull run.

Based on this, the analyst predicts that Bitcoin’s market top on this bull could occur between 518 and 546 days after the halving event, which happened earlier in April. This timeline puts the projected peak for Bitcoin sometime in September or October next yr. Meanwhile, Rekt Capital again alluded to the proven fact that Bitcoin was accelerating on this cycle by 260 days earlier this yr.

Nevertheless, that is not any longer the case because of the over three-month consolidation period the flagship crypto has experienced for the reason that halving event. Rekt Capital claimed that the speed of acceleration has “drastically dropped and is now roughly 150 days.” He added that Bitcoin will likely resynchronize with the normal halving cycle the longer it consolidates.

The crypto analyst has also refused to be deterred by Bitcoin’s current price motion, which some claim suggests that the bull run is over. Nevertheless, Rekt Capital has repeatedly stated that Bitcoin will retrace deep enough to persuade anyone that the bull run is over, after which it’s going to proceed its uptrend.

In one other X post, Rekt Capital mentioned that Bitcoin’s downtrend, which began last month, is one to look at for a serious trend shift. The analyst remarked that a break of the “multi-week downtrend would result at first of no less than a multi-week uptrend” for the flagship crypto.

Bitcoin is now trading at $56,693. Chart: TradingView

‘This Is Not The Cycle Top Vibes’

Crypto analyst Mikybull Crypto also believes that the cycle top isn’t in yet despite Bitcoin’s recent decline, stating that this price motion “is just not the cycle top vibes.” The analyst also said that Bitcoin’s current sell-off bottom is likely to be closer than everyone thinks and noted that this scenario played out within the third quarter of 2023 when most individuals thought it was over.