Bitcoin Bull Market May End After October: Analyst
Bitcoin may only have a few months of price expansion left in the cycle, especially if it follows the same historical pattern from 2020, a crypto analyst warns.
“We have a very small sliver of time and price expansion left,” crypto analyst Rekt Capital said in a video on Thursday, basing his forecast on how the Bitcoin (BTC) rally played out five years ago.
Bitcoin bull market may fade out after October
Rekt explained that if the Bitcoin cycle follows the 2020 pattern, the market will likely peak in October, which is 550 days after the Bitcoin halving in April 2024.
“That’s already two to three months potentially that we have left in this bull market,” Rekt said.
