According to U.Today, a recent analysis by crypto analyst Rekt Capital has highlighted the possible timeline for Bitcoin's (BTC) next bull market peak. The analysis emphasizes the significant influence of the halving cycle on BTC’s market trajectory. Historically, Bitcoin tends to reach its bull market peak between 518 and 546 days following a halving event. Based on this pattern, the next bull market peak is projected to occur between mid-September and mid-October 2025.
However, current market trends suggest that Bitcoin's present cycle may be moving faster than previous ones. The Bitcoin price reached a new all-time high approximately 260 days ahead of the typical schedule. Despite this acceleration, Bitcoin has experienced a pre-halving retrace over the past month. This retrace has resulted in a slowdown in the cycle, pushing the timeline to about 230 days ahead of schedule, rather than the previously observed 260 days. This slowdown has extended the bull market cycle by approximately 30 days so far.
Rekt Capital also proposed an 'Accelerated Perspective' that takes into account the time from when Bitcoin surpasses its previous all-time high to the potential bull market peak. Under this perspective, the peak could be expected between 266 and 315 days after surpassing the previous all-time high. Considering that BTC hit new all-time highs in March, this perspective suggests that the next bull market peak might occur between December 2024 and February 2025.
Both the traditional halving cycle timeline and the Accelerated Perspective provide valuable insights into Bitcoin's potential bull market peak. The current acceleration in the cycle suggests that the typical halving cycle length could be halved, potentially leading to an earlier market peak. However, the impact of retracements and consolidations on the overall cycle must be considered. Extended periods of retracement or consolidation could further slow down the cycle, delaying the expected bull market peak. As Bitcoin continues its current market cycle, these key factors are being closely monitored to gain a clearer understanding of when the next bull market peak might occur.
