Bitcoin’s rally breaking into a new all-time high above $70,000 has been unconventional for several reasons. Interestingly, the leading crypto asset is still in its early stages and has a long way to go, according to most experts.Drawing from historical patterns and recent market behavior, Rekt Capital found that traditionally, Bitcoin has reached its peak within a range of 518-546 days after its halving event.
Notably, Bitcoin recently broke through to new all-time highs, signaling a crucial point in this cycle. If the accelerated perspective holds, the next bull market peak could materialize between December 2024 and February 2025, Rekt Capital said in his latest
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