Renowned crypto analyst Rekt Capital predicts a significant surge in altcoins by July, setting the stage for a massive breakout. With a following of 467,200 on X, the pseudonymous analyst believes that the market is currently consolidating, preparing for an altcoin “hype cycle” in the second quarter of the year.
Rekt Capital emphasizes the importance of slow consolidation periods as the foundation for market-wide breakouts. According to the analyst, these periods are crucial for the next wave of altcoin rallies to occur. While the Q2 altcoin hype cycle is yet to take off, the groundwork for it is being laid at present.
Looking at Bitcoin, Rekt Capital examines historical precedents to estimate when the crypto king’s cycle top may occur. In the 2015-2017 cycle, Bitcoin reached its peak 518 days after the halving. Similarly, in the 2019-2021 cycle, the peak was reached 546 days after the halving. Drawing from this pattern, if history repeats itself, Bitcoin could potentially peak in the current cycle around mid-September or mid-October 2025.
The analyst notes that Bitcoin is currently accelerating in this cycle by approximately 200 days. Therefore, the longer Bitcoin consolidates after the halving, the better it will be for aligning this current cycle with the traditional halving cycle.
As of the time of writing, Bitcoin is trading at $64,848, experiencing a 4.6% increase in the past 24 hours.
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