A closely watched crypto analyst predicts when the current digital asset bull market could come to an end.
Rekt Capital crypto strategist pseudonym says his 411,700 followers on social media platform X that historic Bitcoin (btc) patterns point to a bull run ending by the end of 2025.
“If history repeats itself, the next bull market peak may occur between 518 and 546 days after the halving. “That is mid-September or mid-October 2025.”
The merchant also warns that while Bitcoin is currently on a pre-halving rally based on historical patterns, the king of cryptocurrencies typically drops sharply just before the halving event, when miner rewards drop to half. The next halving is expected around April 20.
“Bitcoin is firmly in its pre-halving recovery phase. But the retreat phase prior to the halving is getting closer with each passing day.”
During the current bull market, the trader predicts that the Shiba Inu dog-themed digital asset (SHIB) will reach an all-time high again, but after a period of accumulation.
“It is only a matter of time before SHIB re-hits its old all-time highs and completes its U-shaped reversal. The only thing that is a question mark is where the price will form its reaccumulation range. In the blue-black range ($0.000033285-$0.000047348) or in the orange-orange range ($0.0000221371-$0.000026041)?
SHIB is currently trading more than 57% below the all-time high of $0.00008616, which was reached in October 2021.
He too believe that other memecoins will see big rallies during the cryptocurrency bull market cycle.
“FLOKI, DOGE, SHIB, BONK are always going to rise strongly in bull markets. Market psychology will never change. “Memecoins will always play an integral role in any money flow cycle.”
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