Cryptocurrency analyst Rekt Capital believes altcoins are gearing up for a major rally in the second quarter of this year.
Building a Foundation
Rekt Capital explains that the current market consolidation is laying the groundwork for the next wave of altcoin surges. He notes that market-wide breakouts typically require periods of slow consolidation.
Bitcoin’s Cycle Top
Regarding Bitcoin, the analyst suggests that it could reach its cycle top in September or October of 2025, based on historical patterns. He observes that Bitcoin has been accelerating in this cycle, so the longer it consolidates, the better it will align with the traditional halving cycle.
Current Market Conditions
At the time of writing, Bitcoin is trading at $64,848, up 4.6% in the past 24 hours. Rekt Capital emphasizes that his views are not investment advice and that investors should conduct their own research before making any decisions.
