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Bitcoin’s recent rebound above $117,000 has reignited optimism in the crypto market. However, some analysts believe the rally may not last much longer. According to market expert Rekt Capital, Bitcoin is now entering the final phase of its bull run, with signs pointing to a possible bear market later this year.
Bitcoin Reclaims $117,000 After Weeks of Pressure
Over the past month, Bitcoin has faced consistent downward pressure after peaking in August. Despite that correction, the world’s largest cryptocurrency managed to reclaim the $117,000 mark, a move that has sparked fresh discussions among traders. Many now wonder if this rebound will fuel another surge to new all-time highs or if it is the last bullish stretch before conditions shift.
Rekt Capital, a well-known crypto analyst, argues that Bitcoin’s ability to hold above the $114,000 zone has been crucial. This level has acted as strong support, allowing the market to stabilize and set the stage for another breakout attempt.
Analyst: Final Push Before Bear Market
In his latest update, Rekt Capital suggested that Bitcoin is in the “closing phase” of its bull cycle. He believes the market could still deliver record-breaking highs in the near term. However, he also warned that this surge is likely to be followed by the first signals of a downtrend, potentially arriving in the fourth quarter of 2025.
This outlook follows the typical pattern of previous market cycles. Historically, Bitcoin rallies tend to move in phases: sharp corrections, followed by renewed momentum, and eventually a transition into a broader bearish environment. While the current rally could push prices higher, investors are being urged to prepare for increased volatility.
Key Levels for Bitcoin’s Next Move
Technical analysis highlights $114,000 as the main support zone for Bitcoin. As long as the asset stays above this level, analysts believe upward momentum remains intact. On the upside, new all-time highs could be reached if Bitcoin breaks decisively above its current resistance levels.
Still, traders remain cautious. Many believe that while another peak may be possible, the market is showing early signs of exhaustion. If history repeats itself, the final stage of the bull market could be followed by a slow decline into bearish territory.
Ethereum Targets $4,613 Breakout
Rekt Capital’s analysis also extended to other leading cryptocurrencies. For Ethereum (ETH), the key resistance sits at $4,613. A successful breakout above this level could flip it into strong support, paving the way for Ethereum to chart new highs.
Ethereum has been consolidating in recent weeks, with investors watching whether its upcoming network upgrades and growing DeFi activity will provide the momentum needed to break past resistance. If ETH clears this hurdle, analysts believe it could follow Bitcoin’s path to new records before facing similar market fatigue.
Solana Holds Crucial Support Levels
Solana (SOL) has also attracted attention in the current market outlook. According to the analyst, Solana is holding strong at crucial support zones. In past cycles, such setups have often preceded major rallies once resistance levels were overcome.
SOL’s strength lies in its expanding role in decentralized finance and blockchain infrastructure. With developers continuing to build on the network, Solana remains one of the altcoins to watch as Bitcoin’s cycle progresses.
What This Means for Investors
The big question now is whether Bitcoin is setting up for one last push to new highs before a bear market begins. While optimism remains strong, analysts stress the importance of risk management. Past bull runs show that euphoria often gives way to extended downturns, catching unprepared traders off guard.
For long-term investors, this period may represent both opportunity and risk. Accumulating during corrections can be rewarding, but timing exits before the start of a prolonged bear market is equally crucial.
Conclusion
Bitcoin’s climb above $117,000 has revived bullish sentiment, but analysts caution that the rally may be in its final stage. Rekt Capital’s outlook suggests that while another peak is possible, the fourth quarter could bring the start of a bearish phase. Ethereum and Solana are also showing potential for strong moves, provided they break through critical resistance levels.
As markets enter what may be the last chapter of the bull cycle, investors face a balancing act—seizing short-term opportunities while preparing for the possibility of an impending downturn.
