Bitcoin Correction to $76,000 Likely a Downside Deviation, According to Crypto Analyst – Here’s Why
An analyst who accurately called Bitcoin’s correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000.
Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin’s current bull market cycle has yet to reach a peak.
“BTC bull market progress: 82.5%. (Progress will speed up on parabolic advances and slow down on deeper retraces).”
The analyst also tells his 107,000 YouTube subscribers that Bitcoin’s latest correction to $76,000 is not the sign of a beginning bear market based on historical precedence.
“Many people have been talking about this being a bear market, but it does look like it is a downside…
