Analyst: Bitcoin Bull Market May End in October

Odaily Planet Daily – Analyst Rekt Capital has pointed out that Bitcoin’s bull market may have only 2-3 months of upward momentum left. Based on the 2020 cycle pattern, the market could peak 550 days after the April 2024 halving event, which would be in October this year.
Although the market generally expects the cycle to extend into 2026, Rekt Capital warns investors not to abandon “time-tested principles.” He believes that some investors are ignoring halving cycle indicators and instead chasing new narratives—such as the correlation between Bitcoin and global M2 money supply—which he describes as “emotional” behavior. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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