$BTC Analyst suggested the end of the bull market in autumn 🍂🍁
Bitcoin has only 2–3 months left for further growth if the current cycle follows the 2020 model. This opinion was expressed by the analyst under the pseudonym Rekt Capital.
He predicts a potential peak in October — 550 days after the halving in the Bitcoin network, as was the case in the previous cycle.
Rekt Capital noted that part of the market ignores the fact of the reduction in rewards to miners, instead expecting a "lengthening of the cycle" until 2026.
"Many people gladly disregard time-tested principles, although it is actually important to rely on them to avoid fatal mistakes," he emphasized.
According to him, traders react too emotionally to new metrics, particularly the correlation of Bitcoin with global liquidity, although such approaches can be misleading.
Earlier, analysts at Standard Chartered stated that halving is no longer a key factor for the price of Bitcoin. Specialists predict growth to $200,000 by the end of 2025. In their opinion, the dynamics of the market have shifted due to inflows into spot Bitcoin ETFs and institutional purchases.