As Bitcoin (BTC) continues its remarkable ascent, reaching a new all-time high (ATH) of $72,300, investors wonder when the current bull market will peak. Considering historical data and the upcoming halving event scheduled for April 2024, crypto analyst Rekt Capital has provided insights into potential timing. Bitcoin Peak Expected Sooner Than Expected? By examining previous halving cycles and the “acceleration” observed in the current cycle, Rekt Capital suggests that Bitcoin’s bull market may peak within 266-315 days from breaking its old all-time high, potentially occurring in December 2024 or February 2025. Rekt Capital’s analysis reveals that Bitcoin has historically peaked in its bull market approximately 518-546 days after a halving event. However, the current cycle demonstrates accelerated growth, reducing approximately 260 days. According to the analyst, this acceleration has the potential to halve the typical cycle length, indicating that Bitcoin’s peak in the current bull market may occur much sooner than anticipated. Related Reading: 94 Million XRP Exits Binance As Bulls Reclaim Control, What’s Going On? Rekt Capital’s perspective, measuring the bull market peak from when an old all-time ..
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