BTC Bull Market, Is There 3 Months Left…Cycle Peak October Forecast

An analysis has emerged suggesting that Bitcoin may have entered the final phase of the current bull market. Cryptocurrency analyst Rekt Capital stated, "If Bitcoin shows a similar trend to its previous halving cycle, the current bull market is likely to conclude within about three months."

Through Cointelegraph, he analyzed that "approximately 550 days after the April 2024 halving, this coming October could be the peak." This pattern is similar to the 2020 cycle, and historically, there has been a precedent for a price peak forming approximately one and a half years after a halving.

Some market participants argue that this bull market could prolong and continue until 2026. However, Rekt Capital pointed out that "this perspective is more of an optimism ignoring Bitcoin's historical cycle."

Ultimately, if the current cycle follows past trends, Bitcoin's upward momentum may be limited around October, and investors need to consider this timing in their strategy formation."