A well-known analyst, known under the pseudonym Rekt Capital, believes that traders have one last chance to purchase bitcoins at a low price. He analyzed the historical data and came to the following conclusions:

If bitcoin does not decrease in price in the next two weeks, then its value is likely to remain stable until the long-awaited halving scheduled for April 19. For about 60 days before the reward for mining blocks decreases, the price of bitcoin will rise, arousing interest and demand among investors. Immediately after halving, speculators are likely to start selling cryptocurrency, which may lead to a decrease in its value by 20-38% within a few weeks. Then the accumulation period will begin, lasting up to 150 days, which is characterized by moderate volatility of the bitcoin price. After that, the phase of parabolic growth of the bitcoin exchange rate will begin.

The only way to purchase bitcoins at a discount, according to the expert, is that the price of the digital asset will begin to decline before mid-February. After this point, the opportunities to buy at a low price may disappear, and a pre-halving price rise will begin. Therefore, investors may consider buying coins after the reduction of the reward, when the rate reaches its minimum.

Rekt Capital predicts that as part of the upcoming bullish rally, the bitcoin price will be able to update the historical maximum reached in 2021, which was $67,566. However, he did not specify the exact value of the maximum price of the coin.