• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Recovery: Is a New Growth Wave Possible?

user avatar

by Giorgi Kostiuk

3 months ago


After a recent 15% decline in Bitcoin value, cryptocurrency analysts and enthusiasts are closely monitoring a possible trend reversal.

Bitcoin Recovery Analysis Based on Historical Data

Crypto analyst Rekt Capital analyzed previous Bitcoin market cycles, including movements in 2013, 2017, and 2020/2021. He noted that similar periods had seen recoveries after corrections, suggesting that such trends could also be expected in the current market conditions.

The Role of Corrections in Price Discovery

Rekt Capital emphasized that the current Bitcoin correction is part of the price discovery process, where buyers and sellers determine fair market value based on supply and demand. Corrections are often necessary for the market to function healthily. "Bitcoin initiated the current 15% pullback in the seventh week of the price discovery process. The timing of this pullback aligns with historical trends. Given that this is the first price discovery correction of this cycle, the likelihood of a reversal is high."

"Bitcoin initiated the current 15% pullback in the seventh week of the price discovery process. The timing of this pullback aligns with historical trends. Given that this is the first price discovery correction of this cycle, the likelihood of a reversal is high."Rekt Capital

Forecasts and Their Significance for Investors

The analyst predicts that Bitcoin will rebound from its support range and fluctuate between $91,000 and $101,000 in the near future. Currently, Bitcoin's value stands at $93,803, reflecting a 1% decline over the last 24 hours. For Bitcoin enthusiasts, this analysis serves as a crucial reference point in assessing the market's current state. Based on historical data, the existing correction may be temporary, suggesting that Bitcoin could regain its value.

Rekt Capital's observations provide a positive signal for investors assessing the prospects of Bitcoin's further recovery based on technical analysis and historical market movements.

0

Share

Other news

MAGACOINFINANCE: Key Crypto Project of 2025

MAGACOINFINANCE finds its place among the top 2025 crypto projects, standing out with its growth potential and relevant offerings.

user avatarGiorgi Kostiuk

3 minutes ago

BlockDAG Achieves Significant Funding Growth Following Beta Testnet Launch

BlockDAG successfully raised $5 million within 48 hours of its beta testnet launch, demonstrating a significant investor interest.

user avatarGiorgi Kostiuk

35 minutes ago

Analysis of Aptos, ONDO, and Qubetics: Promising Cryptos for 2025

Aptos, ONDO, and Qubetics have established themselves as key players in the cryptocurrency world in 2025.

user avatarGiorgi Kostiuk

36 minutes ago

BlockDAG Launches Testnet Mirroring Real World Tokenomics

BlockDAG's testnet models tokenomics while Dogecoin shows volatility and Ethereum Classic remains steady.

user avatarGiorgi Kostiuk

an hour ago

Atkins' SEC Nomination Advances in U.S. Senate Committee

Atkins' nomination progresses, hinting at potential regulatory shifts for digital assets.

user avatarGiorgi Kostiuk

an hour ago

US Tariffs May Hurt Global Economic Growth, Warns Carney

Canadian Prime Minister Mark Carney discusses the potential negative impacts of new US tariffs on the global economy.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.