After reaching a historic all-time high of over $93,000, market participants analyze Bitcoin's price cycle history to forecast the duration of the current bull run.
Consistent Pre-Halving Bottom
Bitcoin’s price movements demonstrate a mirror-like pattern around halving events. According to Rekt Capital, a 517-day pre-halving bottom has been a consistent marker, observed in the 2016 and 2020 cycles.
Bitcoin Enters a Parabolic Phase
The cryptocurrency has entered the parabolic phase, marked by breaking previous all-time highs and characterized by explosive price growth. This phase is expected to last approximately 300 days, with potential targets of $120,000-$130,000.
Rekt Capital's Correction Expectations
The current cycle progresses through phases, including a parabolic breakout. Analysis suggests possible corrections but continued growth until late 2025.
The long-term perspective indicates potential market growth for Bitcoin, despite periodic corrections, highlighting the ongoing bull market for participants.
