While some see signs of ongoing accumulation, others believe the bull run may be nearing its final stretch.
Crypto analyst Rekt Capital is in the latter camp. In a recent breakdown, he argued that the current cycle resembles the 2020 bull run — and if history repeats, Bitcoin could top out within the next three months.
According to Rekt Capital, the key marker is the 550-day period following Bitcoin’s halving, which took place in April 2024. By that timeline, the market peak would likely occur around October.
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“We potentially have two to three months left in this bull market,” he said, challenging more optimistic projections that extend into 2026.
The analyst also criticized the market’s shift away from historically proven indicators, such as halving cycles, in favor of newer frameworks like Bitcoin’s relationship with global liquidity metrics.
As Bitcoin continues to test resistance near its former highs, the question remains: is this the buildup to new records, or the final phase before a cooldown?
