Famous Analyst Said Don't Trust Other Analysts, Announced the Date When the Bull Will End in Bitcoin! "We Only Have a Few Months! Here’s Why!"

The leading cryptocurrency Bitcoin (BTC) is gradually approaching its previous ATH of around $111,700, raising questions about whether it can maintain this rise momentum.

At this point, while some analysts indicate that the recent movements in BTC are a sign of a accumulation phase before a rise, some analysts argue that BTC has peaked and the bull will come to an end.

One of these analysts was Rekt Capital.

Rekt Capital stated in its latest analysis that Bitcoin’s rise and bull cycle could end within three months.

The Bull May End in October!

Crypto analyst Rekt Capital stated that if Bitcoin follows a pattern similar to its 2020 cycle, there are only a few months left for the price to rise in the current bull cycle.

The analyst stated that the current bull run could end in the next three months, indicating that the cycle is likely to peak this October.

At this point, the analyst stated that if the Bitcoin cycle follows the 2020 model, the market will likely peak in October, 550 days after the Bitcoin halving in April 2024.

“We potentially have two to three months left in this bull market.”

Rekt Capital’s estimate contradicts other predictions suggesting that the current bull market could last until 2026. At this point, the analyst argued that many analysts are ignoring the halving cycle and historical patterns.

"Many people are happy to throw away time-tested principles, whereas it is really important to rely on such criteria.

However, recently a new narrative such as the correlation of Bitcoin with the global M2 Money Supply has been sidelining the historically more reliable halving cycle metric.