bullish

Hope

Rekt

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoins-upcoming-surge-sparks-hope-among-investors/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin’s Upcoming Surge Sparks Hope Among Investors</a><br></p>
<p style="text-align: justify">Crypto analyst and trader Rekt Capital predicts that Bitcoin (BTC) may enter a bullish trend in the coming weeks and months. According to the analyst, Bitcoin has been in a consolidation phase for the past few months and is on the brink of a parabolic rise.</p>
<h2 id="parabolic-phase-and-historical-cycles">Parabolic Phase and Historical Cycles</h2>
<p style="text-align: justify">In a statement to his followers on YouTube, Rekt Capital noted that Bitcoin’s parabolic phase has consistently lasted for a predictable period in each cycle.</p>
<blockquote>
 <p>“If we consider that the consolidation phase ends 160 days after the halving and the bull market peak occurs 550 days post-halving, this parabolic phase should last about 390-400 days. Thus, we can expect around a year of parabolic growth leading up to the bull market peak. If this trend continues, we may see a bull market peak for Bitcoin around mid-September 2025 or mid-October 2025.”</p>
</blockquote>
<p style="text-align: justify">Rekt Capital stated that Bitcoin’s current price is approximately $59,958, which is 19% below its all-time high of around $73,800. Citing historical examples, the analyst suggests that Bitcoin could reach a new all-time high in the coming days.</p>
<h2 id="the-impact-of-halving-and-future-expectations">The Impact of Halving and Future Expectations</h2>
<p style="text-align: justify">The Bitcoin block reward halving is a significant milestone concerning its peak journey and four-year cycles. Many analysts consider the halving a turning point in the cycle when examining historical data. Rekt Capital argues that the anticipated journey towards new peaks is about to commence after the block reward halving that occurred months ago.</p>
<blockquote>
 <p>“At some point, we will experience an upward reversal. This point is quite close because we are seeing a breakout towards new peaks 160 days after the halving.”</p>
</blockquote>
<p style="text-align: justify">The analyst reminds us that the Bitcoin halving event took place approximately 151 days ago, on April 20, suggesting that the time for a significant price movement has arrived. In summary, the historical cycles of Bitcoin and its price movements post-halving are closely monitored by investors and analysts. According to Rekt Capital’s analysis, there may be significant upward potential for Bitcoin in the coming months. However, given the volatile nature of the <a href="https://en.coin-turk.com/market-turmoil-cryptocurrency-volume-plummets-amidst-sell-off-pressure/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> markets, it is crucial for investors to remain cautious and closely observe market dynamics.</p>
<p>The post <a href="https://en.coin-turk.com/bitcoins-upcoming-surge-sparks-hope-among-investors/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin’s Upcoming Surge Sparks Hope Among Investors</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitcoin’s Upcoming Surge Sparks Hope Among Investors

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