The cryptocurrency market is abuzz as Bitcoin surges to a new all-time high of $93,500, signaling what some analysts believe is the beginning of its much-anticipated parabolic phase. According to a popular crypto analyst known as Rekt Capital, Bitcoin (BTC) is now entering a critical stage of its price cycle that could lead to substantial gains in the coming months.
Rekt Capital, a well-followed analyst with over 95,000 YouTube subscribers, suggests that Bitcoin’s recent price action marks the start of its parabolic phase—a period characterized by rapid, exponential price increases. In a recent video update, the analyst explained that Bitcoin’s current movement aligns with historical patterns seen in previous bull markets.
“We’re entering the parabolic phase of the cycle,” Rekt Capital noted, emphasizing that this phase typically involves several weeks of consistent price gains before a notable correction. The parabolic rise is seen as a defining feature of Bitcoin’s bull cycle, where momentum builds up, driving the price to new heights.
Based on historical data, Rekt Capital estimates that Bitcoin has approximately 40 weeks left before it reaches the top of its bull market cycle. The analyst pointed out that during previous cycles, Bitcoin peaked around 518 to 550 days after its halving event, a pattern observed in both the 2017 and 2021 bull markets.
Given this timeline, the analyst predicts that the next potential peak could occur between mid-September and mid-October 2025. This projection is based on the typical duration of Bitcoin’s post-halving parabolic phase, which usually lasts around 300 days.
To provide context, the halving event is a key occurrence in Bitcoin’s cycle where the reward for mining new blocks is halved, effectively reducing the supply of new Bitcoin entering the market. This event, which happens approximately every four years, is widely believed to trigger the start of a new bull run by creating a supply shock.
Historically, Bitcoin’s price tends to rise gradually after the halving, gaining momentum over time before entering the final, explosive phase of the bull market. The last halving took place in April 2024, setting the stage for what could be another significant bull run if historical patterns hold true.
Rekt Capital’s analysis suggests that Bitcoin is now at the beginning of this final phase, with the price expected to continue rising steeply over the next several months.
At present, Bitcoin’s price momentum is bolstered by a wave of bullish sentiment across the crypto market. The recent rally has not only pushed Bitcoin to record highs but has also reignited interest among institutional and retail investors alike. Many are optimistic that Bitcoin could surpass the psychological barrier of $100,000, a milestone that has been widely anticipated by the crypto community.
Despite this optimism, the market is not without risks. The sharp price rise could attract profit-taking, leading to potential short-term corrections. However, according to Rekt Capital, such pullbacks are a normal part of the parabolic phase and often precede further gains.
The analyst advises traders to watch for temporary corrections, which are typical as the market consolidates before making another leg up. These pullbacks, while sharp, are generally seen as opportunities to accumulate Bitcoin at lower prices before the market resumes its upward trajectory.
Several macroeconomic factors could support Bitcoin’s continued rise. The ongoing adoption of cryptocurrencies by major financial institutions, combined with increasing interest from retail investors, has created a favorable environment for price growth. Additionally, the supply constraints imposed by the halving event contribute to upward pressure on the price.
The current market dynamics also show a strong accumulation phase among long-term holders. Data from on-chain analytics indicates that seasoned Bitcoin investors are holding onto their assets, reducing the available supply in the market. This “HODLing” behavior is typically observed during bull markets and is seen as a positive sign of long-term confidence in Bitcoin’s value.
As Bitcoin enters this parabolic phase, the key question on everyone’s mind is how far it can go. While there is optimism for new all-time highs, the road to the bull market peak is likely to be marked by increased volatility.
Rekt Capital’s forecast of a mid-2025 peak gives traders and investors a potential timeline to prepare for. However, market conditions can change rapidly, influenced by factors such as regulatory developments, macroeconomic shifts, and changes in investor sentiment.
If Bitcoin continues its upward trajectory, the crypto market could experience an influx of new participants, driving prices even higher. However, investors should also be cautious, as the rapid price increases could be followed by significant corrections once the parabolic phase reaches its zenith.
The start of Bitcoin’s parabolic phase presents a unique opportunity for investors to capitalize on potential gains as the bull market unfolds. However, the journey to the cycle top will likely be volatile, requiring careful attention to market signals and trends.
For those looking to invest or trade, understanding the dynamics of Bitcoin’s price cycles can provide valuable insights into when to enter or exit the market. With predictions pointing to a peak in 2025, the coming months could be critical in shaping the future trajectory of Bitcoin and the broader cryptocurrency market.
Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9
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