A crypto trader known as Rekt Capital believes Bitcoin is about to skyrocket. He says the cryptocurrency is just days away from entering a “parabolic phase,” where prices climb rapidly.
Bitcoin’s Next Big Move
Rekt Capital points to Bitcoin’s recent 13% gain in two weeks as a sign of things to come. He predicts that Bitcoin could see a final dip before breaking out, potentially dropping to around $60,600. However, he believes this dip would only serve to fuel a larger breakout, potentially pushing prices back up to around $73,800.
When Will the Peak Arrive?
According to Rekt Capital, Bitcoin’s parabolic phase could peak in the second half of 2025. He bases this prediction on historical trends, noting that Bitcoin typically peaks around 250 to 329 days after breaking through previous all-time highs.
What Does This Mean for Investors?
Rekt Capital’s prediction is just one perspective, and it’s important to remember that crypto markets are highly volatile. Investors should always do their own research and consider their own risk tolerance before making any investment decisions.
