A cryptocurrency analyst — who accurately predicted the Bitcoin price correction before last year's halving — currently believes that the market is entering the final stage of the current bull cycle.
Sharing with over 546,700 followers on platform X, analyst Rekt Capital stated that a new four-year cycle of Bitcoin has officially begun.
According to him, the first year of each cycle is often the time when Bitcoin establishes record high price points.
"2025 will be the peak year of the Bitcoin bull market. 2026 will witness a strong correction trend, entering a bear market phase. And by 2027, BTC is likely to bottom out, opening a completely new growth cycle," Rekt Capital predicts.
Annual BTC/USD chart | Source: TradingView/Rekt Capital
He further noted that Bitcoin often records its strongest growth phases in bull markets right after entering a new four-year cycle.
"The year 2025 is that time – the parabolic rise phase that Bitcoin only experiences once per cycle. If you seize the opportunity, this could become one of the most influential years in your financial journey," he emphasized.
Zooming in on the current price movements, Rekt Capital predicts that Bitcoin could move towards the $150,000 range before entering the next accumulation phase. After that, the market is likely to witness the final breakout, pushing BTC's price to $200,000.
"This time's Bitcoin cycle is being shaped by re-accumulation ranges, although there are occasionally corrections that break below these ranges. This trend is likely to continue," he stated.
Weekly BTC/USD chart | Source: TradingView/Rekt Capital
At the time of writing, Bitcoin is trading at $104,490, close to its all-time high of $107,786.
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Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do thorough research before making decisions. We are not responsible for your investment decisions.