An analyst who nailed Bitcoin’s pre-halving correction last year is warning that BTC‘s current bull market cycle may be nearing an end soon.
The analyst pseudonymously known as Rekt Capital tells his 108,000 YouTube subscribers that based on historical precedence, Bitcoin may reach a cycle peak within just a few months.
“If we’re talking about September, October, with it just being July now – July, August, September, and then October – that’s already two to three months, potentially, that we have left in this bull market.”
The analyst says that based on other market cycles, Bitcoin is probably about 88% of the way through its current bull run, meaning that risk is asymmetrically skewed to the downside for BTC.
“If we’re thinking about this
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