When Will Bitcoin Peak?
Analyst Rekt Capital predicts that Bitcoin could peak between late November 2024 and late January 2025. This is based on historical data showing that BTC tends to reach a bull market top within 266 to 315 days after breaking its previous all-time high.
Decelerating Acceleration
While Bitcoin’s bull run has been progressing at an accelerated pace compared to previous cycles, this acceleration has slowed down in recent months. This could lead to a re-synchronization with the typical halving cycle, which typically peaks 518-546 days after a halving event.
Potential Peak Time Frame
If the deceleration continues, the peak could extend to between mid-December 2024 and early March 2025. However, it’s important to note that Bitcoin has spent an increasing amount of time above its previous highs in each cycle. This suggests that the peak could potentially extend even further, to between mid-September and mid-October 2025.
Halving Cycle Synchronization
If Bitcoin’s acceleration continues to decrease, it could resynchronize with its halving cycle. This could delay the peak to between mid-September and mid-October 2025, more in line with historical patterns.
