Bitcoin’s Potential Peak: A Historical Perspective

Crypto analyst Rekt Capital has predicted a potential peak for Bitcoin (BTC) based on historical trends.

Halving Cycle

Rekt Capital observed that Bitcoin tends to reach its peak 518-546 days after its halving event, which occurs every four years in April. In previous cycles, Bitcoin peaked 518 days after the halving in 2015-2017 and 546 days after the halving in 2019-2021.

Current Cycle Projection

If history repeats itself, Bitcoin could reach its peak in mid-September or mid-October 2025. However, the recent market crash has slowed Bitcoin’s rate of acceleration, indicating a possible delay in the peak.

Market Consolidation

Rekt Capital believes Bitcoin may have bottomed out, based on a comparison of pullbacks since February 2023. The average retracement in this cycle is -22%, and the current pullback is close to this average.

Current Market Status

At the time of writing, Bitcoin is trading at $56,521, down 2.6% in the past 24 hours.