CandleFocus History Suggesting Bitcoin Entering Next Phase of Price Discovery to New Highs: Crypto Analyst
2025-02-11
Author: Content Editor
Crypto analyst Rekt Capital believes that Bitcoin is currently in its final consolidation phase before reaching new all-time highs. The analyst suggests that Bitcoin has completed its first upward price discovery phase and will begin another bullish phase once support is established. In order to start its next move, Bitcoin needs to close above the $97,700 level. Rekt Capital predicts that Bitcoin's bull market will continue for the rest of the year before entering a bear market in 2026, potentially experiencing a crash of up to 80%.
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