The pseudonymous analyst known as Rekt Capital is bullish on Bitcoin, stating that it has entered the "parabolic phase of the cycle" and will experience multiple weeks of upside before a correction. Based on historical precedent, the analyst believes that Bitcoin has around 40 weeks before it reaches the top of the cycle, which is estimated to be in mid-September to mid-October 2025. The analyst predicts that this final phase of the Bitcoin cycle, the post-halving parabolic upside phase, will last around 300 days. As of now, Bitcoin is trading at around $89,230.



Other News from Today