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A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end. The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself. According to the pseudonymous analyst, the Bitcoin bull market typically hits the peak around 518 to 546 days after the halving, suggesting it could occur between mid-September and mid-October. The fourth Bitcoin halving took place in April 2024. On what is in store for Bitcoin’s price over the coming weeks and months, the widely followed analyst says, “If Bitcoin really does have two to three months left in its Bull Market… Then this current period truly is the calm before the storm.” Bitcoin is trading at $109,386 at time of writing. Rekt Capital further says that even if the bull market extends beyond October, trying to capture ...

The main cryptocurrency of the Web3 world, Bitcoin, is once again back in the mainstream. BTC has recently touched $60K, reigniting hopes that the crypto can soon touch the $70K mark again and perhaps breach it in the long run. Will BTC be able to do that? Let’s find out. Also Read: Donald Trump Buys Burgers With Bitcoin in Seconds! Bitcoin Peak and Fall Bitcoin is currently trading at $62K. The Federal Reserve recently announced its decision to cut rates by 50 BPS, which had a positive impact on the crypto market. After the announcement, significant assets except gold stabilized in price. Similarly, with Bitcoin hitting the $62K mark, investors are now looking forward to its peak or when the token will enter a bullish cycle again. One notable analyst, OxNobler, took to X to share a new hypothesis: that the peak Bitcoin season is almost here. According to the expert, the next bull run will surprisingly begin in October 2024. The analyst later shared how Bitcoin peak patterns show ...