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Rekt Capital: The longer the consolidation period for Bitcoin after halving, the better the resynchronization effect with the traditional halving cycle in the current period

Rekt Capital: The longer the consolidation period for Bitcoin after halving, the better the resynchronization effect with the traditional halving cycle in the current period

Bitget2024/07/05 06:33

Data disclosed by Rekt Capital shows that in the 2015-2017 cycle, Bitcoin reached its peak 518 days after halving; in the 2019-2021 cycle, Bitcoin reached its peak 546 days after halving. If history repeats itself, the next bull market peak will occur between 518 and 546 days after halving. This means that Bitcoin could reach this cycle's peak around mid-September or mid-October of 2025. Earlier this year, this Bitcoin cycle accelerated by about 260 days. However, due to consolidation over the past three months, the acceleration rate has significantly decreased to approximately150 days currently. The longer it takes for bitcoin to consolidate post-halving, the better synchronization effect with traditional halving cycles can be achieved.

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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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