A renowned crypto strategist has predicted the timeline for Bitcoin’s next major upswing.
Post-Halving Accumulation
The analyst, known as Rekt Capital, suggests that Bitcoin is currently in a post-halving reaccumulation phase. Historically, this phase has lasted around 160 days before a significant upward move.
Bullish Breakout
Rekt Capital notes that Bitcoin has broken out of a bullish continuation pattern, confirming a potential breakout.
Bull Market Far From Over
Despite recent volatility, Rekt Capital believes the Bitcoin bull market still has plenty of room to grow.
Altcoin Hype Cycle
The analyst also predicts a surge in altcoin rallies in the coming months.
Disclaimer
The opinions expressed in this article are not investment advice. Investors should conduct thorough research before making any investments in Bitcoin or other cryptocurrencies.