Golden Finance reported that an analyst from Rekt Capital said that if BTC breaks through $65,000, the price will be ready to enter the range of $65,000-$71,500. If BTC pumps to $71,500, the next important level will be the high of $73,649 on March 13. However, a large number of short positions face the risk of liquidation at $71,500, which means that many futures traders believe that the price will not reach this level for now. According to CoinGlass data, about $1.47 billion in short positions will be liquidated at $71,500. However, the confidence of futures traders has been restored in the past five days, and the total number of open options contracts (OI) (the total number of BTC options contracts held by traders at a specific time that have not been executed) has surged 13% during the same period.

Golden Finance reported that Rekt Capital disclosed data showing that during the 2015-2017 cycle, Bitcoin reached its peak 518 days after the halving; and during the 2019-2021 cycle, Bitcoin reached its peak 546 days after the halving. If history repeats itself, the next bull market peak will occur 518-546 days after the halving, which means that Bitcoin may reach the peak of this cycle in mid-September or mid-October 2025. Earlier this year, this cycle of Bitcoin accelerated by 260 days. However, currently, due to the consolidation over the past 3 months, the acceleration rate has dropped significantly, currently at around 150 days. The longer the consolidation period after the halving of Bitcoin, the better the resynchronization effect of the current cycle with the traditional halving cycle.

Odaily Planet Daily News Crypto analyst Rekt Capital analysis shows that since the bottom of the bear market in November 2022, Bitcoin has experienced six significant pullbacks, all of which have exceeded 20% in depth. These pullbacks occurred in February 2023, April to May, July to September, January 2024, March to April, and May to June, with pullback ranges between -16% and -23.7%. As of now, the depth of Bitcoin's pullback is -16%, lasting 35 days, and has not yet reached the standard of the average pullback depth of -22% and average duration of 40 days in this cycle. Therefore, whether from the depth or duration perspective, the current pullback is still below the average level.

Bitcoin BTC turns weakness into strength: analysts identify major liquidity area at $73,000 Cryptocurrency analyst Dippy has given an optimistic forecast for the future trend of Bitcoin, the flagship cryptocurrency, and believes it may soon reach a new all-time high (ATH). Despite Bitcoin recently falling below $68,000, the situation remains the same. Dippy expressed in a post on X (formerly Twitter) that once Bitcoin reaches the liquidity zone of around $73,000, its price will pump. He pointed out that many shorts' stop loss or liquidation levels are near this price level, which could be a catalyst for this price pump, as the liquidation of short positions easily disperses the shorts. The cryptocurrency analyst also outlined another possible scenario that could be unfavorable for Bitcoin's prospects. He claimed that Bitcoin's surge to this liquidity area may be an illusion, designed to absorb liquidity and then fall again. However, considering that cryptocurrency analyst James Check has marked the $73,000 price level as the level at which Bitcoin may enter the escape velocity phase, the likelihood of experiencing such a big pump increases once Bitcoin reaches $73,000. Cryptocurrency analyst Adrian Zduńczyk also stated that if Bitcoin climbs to the level of $73,000, it is likely to turn the $73,000 area into a support level. He pointed out that Bitcoin has been consolidating within the current ATH area for 14 weeks, which is significant considering Bitcoin's previous weakness. Zduńczyk claims that this is a 'trend-following behavior' as the resistance level becomes a new support level, and Bitcoin will continue to rise. Meanwhile, cryptocurrency analyst Mikybull Crypto believes that the long-term consolidation of Bitcoin in this range may be a good thing. He points out, 'The longer the consolidation period, the higher the increase when it breaks out.' He also notes that the bullish divergence of Bitcoin indicates that this flagship cryptocurrency is 'strong'. Mikybull Crypto expects Bitcoin to rise to $85,000 and then to $110,000 when this long-awaited breakout occurs. Crypto analyst Rekt Capital also pointed out that it's only a matter of time for the breakthrough. He previously stated that if Bitcoin successfully breaks through the $70,000 range, it will enter the "parabolic rise trend" phase of this market cycle. On June 10th, a large amount of funds flowed out of the US spot Bitcoin ETF, causing Bitcoin to fall below $68,000. Data shows that the total outflow of funds for these funds is $64.9 million, marking the first daily fund outflow for these spot Bitcoin ETFs since May 23rd. It is believed that investors are waiting for the US Consumer Price Index (CPI) inflation data and the Federal Reserve interest rate decision on June 12. It is expected that there will be significant fluctuations in the cryptocurrency market before these events, which may determine the future trend of cryptocurrency assets. (Data Source: Scott Matherson)

The king of cryptocurrencies returns to the throne: Bitcoin soars to $71,000, how much higher can it go? Bitcoin (BTC) is the largest cryptocurrency in the market, once again surpassing the important milestone of $70,000. After a brief consolidation between $67,000 and $69,000, the price is facing strong resistance at this level. However, the upward momentum suggests that Bitcoin may consolidate above $70,000, paving the way to retest the next resistance level at $71,300 and potentially climb to the all-time high (ATH) of $73,700 set in March. The question remains: will BTC maintain its expected upward trend and continue to soar? Cryptocurrency analyst Ali Martinez emphasized the importance of Bitcoin's breakout from the symmetrical triangle on the BTC/USD 1-hour chart. Assuming the breakout is sustained above the $69,330 resistance level, Martinez believes this could propel BTC to $74,400, setting a new all-time high and potentially beyond. Martinez also emphasized that Bitcoin is currently above the +0.5σ pricing range. According to the analyst, if BTC stays above this range, it may rise and test the 1.0σ pricing range at $79,600. Another analyst, Rekt Capital, pointed out that Bitcoin is once again at the upper range of the re-accumulation range. For Rekt, the outlook for Bitcoin remains the same, with the cryptocurrency entering its parabolic phase of the market cycle as long as the weekly closing price is above the upper range. In addition to the analysis provided by Rekt Capital, it is worth noting that Bitcoin's recent rebound from a historical high in mid-March has shown an accelerated cycle compared to previous market cycles. Rekt Capital observed that this cycle accelerated by 260 days. However, due to several months of consolidation, the acceleration cycle has been reduced to about 170 days. Despite adjustments, the cycle is still accelerating, and breaking through the $73,700 mark will indicate that the acceleration cycle may continue. Market expert Crypto Con supports the view that Bitcoin will maintain a positive trajectory by the end of 2024, based on analysis of the 90-day realized profit and loss ratio (RPLR). According to Crypto Con, the first move with an RPLR value exceeding 11 has been completed, consistent with the peak reached at the end of the previous cycle. The second peak of this indicator represents the 'true cycle top' and is expected to occur between September and January 2025. Crypto Con further emphasizes the importance of considering the logarithmic MVRV (Market Value to Realized Value) ratio, which has attracted widespread attention in this cycle. The logarithmic MVRV uses a convergence channel to accurately identify cycle tops and bottoms. From a data perspective, the progress of the cycle may be more advanced than it appears on the surface. In March 2024, the price reached a level similar to the first peak of each cycle. Fortunately, Crypto Con pointed out that there is still enough room for growth before reaching the peak of the cycle. These observations and analyses indicate that Bitcoin shows strong potential for further appreciation. Whether the cryptocurrency can break through key resistance levels and maintain its bullish momentum will determine its future direction over the next few days and whether it can surpass previous all-time highs. The largest cryptocurrency in the current market is trading at $70,800, up 4.4% in the past seven days. (Data Source: Ronaldo Marquez)

Parabolic rebound coming soon? Trader's paper profits big dump to 3%, Bitcoin back to $70,000 The world's largest cryptocurrency, Bitcoin (BTC), has been consolidating in the past week, trading between $67,000 and $70,000 after a brief 20% price adjustment, falling to $56,400 in early May. This period coincides with the reinjection of funds into the US spot Bitcoin ETF market, and the selling pressure seems to have dissipated, both in the ETF market and among a broader range of Bitcoin investors. Julio Moreno said that the current price of Bitcoin is $70,000, which is different from the price in March. Moreno pointed out that the selling pressure exerted by traders is much smaller now, as the unrealized profit is only about 3%, compared to 69% at the beginning of March. This indicates that most of the "long selling" has been exhausted, as shown in Figure 1. The data from the market intelligence platform shows that despite the Memorial Day holiday in the United States, which resulted in a temporary suspension of trading in the stock market, the market capitalization of Bitcoin has once again exceeded $70,000. The market intelligence platform sees this as an encouraging sign, as it proves that BTC can perform positively on days that are not closely related to the major stock market, and most of 2022 has been like this. Despite the positive momentum, cryptocurrency analyst Rekt Capital pointed out that the latest weekly chart of Bitcoin closed below the high resistance level of the ongoing "re-accumulation" phase, which ranges from $60,000 to $70,000. This may lead to leading cryptocurrencies further consolidating within this range, consistent with Rekt Capital's argument that the current bull market cycle still retains two phases: the re-accumulation phase after halving and the "parabolic rebound phase". From a historical perspective, Bitcoin often consolidates near historical highs and then enters the most representative stage of a bull market cycle. Analysts say that Bitcoin has indeed consolidated for quite some time near these highs, especially according to previous cycle standards. Although there is still room for further sideways consolidation at these high levels, the remaining time in this phase is slowly running out. This leads people to believe that the long-awaited rebound after the halving, coupled with the revival of investor sentiment, is expected to push the market's largest cryptocurrency to a level higher than the $73,700 reached in mid-March. Therefore, Bitcoin seems to be entering a crucial moment in its current bull market cycle. If historical patterns remain unchanged, the consolidation and re-accumulation that have dominated the market in recent months may soon give way to the next parabolic pump. BTC has increased by 2% in the past 24 hours, and has risen by 10% in the past month. The current trading price of Bitcoin is $70,200. (Data Source: Ronaldo Marquez)

Bitcoin's next big move: Analysts predict it could surpass $71,500. Famous cryptocurrency analyst Checkmate's "Xinkuai Bull Market" theory has ignited people's optimism. According to Checkmate, setting a new all-time high may indicate a significant shift in market sentiment. This bull market phase will represent a significant acceleration of bullish momentum, potentially leading to a substantial price increase. Checkmate's theory is based on the Market Value to Realized Value (MVRV) ratio, which compares the current market value of Bitcoin to the total value paid for all Bitcoins in circulation. Historically, when the MVRV ratio climbs above one standard deviation from its average, it often indicates a shift to a "joyful bull market" phase. However, Checkmate warns that Bitcoin does not always follow the script on the first attempt. The market often exhibits cautious behavior, and Bitcoin may make multiple attempts to break through this key MVRV level before achieving a decisive breakthrough. Bitcoin's recent consolidation period occurred after the surge of Alpha Cryptocurrency to a six-week high of $71,950. Despite a slight pullback, Bitcoin is still comfortably trading near the $70,000 level, with healthy daily trading volume. This price action suggests a pause before the next significant move, making it a tense waiting game for traders and investors at the moment. Rekt Capital, a cryptocurrency analyst, has become a key voice in this ongoing debate. Rekt Capital believes that closing above $71,500 on the weekly candle chart could be a significant catalyst. If this milestone is achieved, it could trigger a surge in bullish momentum and propel Bitcoin towards a significant rise. However, Rekt Capital also acknowledges the possibility of an extended consolidation phase. Historically, Bitcoin has shown a tendency to consolidate within a reaccumulation range for several weeks before experiencing a breakthrough. Rekt Capital believes that this expanded consolidation will bring Bitcoin closer to the historical halving cycles that have occurred before major bull markets in history. Meanwhile, other analysts predict that 2025 could be a landmark year for leading cryptocurrencies globally. Driven by historical price trends and upcoming Bitcoin halving cycles, the high-end forecast of $168,459 represents astonishing potential growth. Supporting this optimistic sentiment are technical indicators pointing to a "bullish" market sentiment and a significant amount of "extreme greed". However, reality is necessary. The huge difference between the predicted highest price and the lowest price ($69,971) highlights the inherent uncertainty in these predictions. The notorious volatility of Bitcoin is evident in the 4.47% price fluctuation in the past 30 days, which further complicates things. While this level of greed indicates investor confidence, it may also be a warning signal of a potential market adjustment. (DataSource: Christian Encila)

Has the rise of Bitcoin come to an end? Top analysts predict that the price will soon adjust. With significant price fluctuations in Bitcoin, different analyses from cryptocurrency analysts depict different short-term trajectories. Renowned cryptocurrency analyst Ali discovered a sell signal on the short-term Bitcoin chart using TD Sequential Indicator. According to Ali's analysis, the TD sequential indicator indicates that the current upward trend of Bitcoin may be losing momentum. This could lead to a correction in the next one to four candles, especially evident on the four-hour chart. On the contrary, another renowned analyst, Rekt Capital, recently put forward a more optimistic viewpoint. According to Rekt Capital, Bitcoin concluded its downward trend in mid-April and entered an upward trend, breaking through the previous resistance level. As Rekt Capital emphasized, the sign of this change is that Bitcoin has formed higher highs for the first time since it dropped to $56,000. This indicates that despite occasional market attempts to unsettle investors, the bull market may continue. The TD Sequential indicator signaled a sell, Bitcoin pumped 7.6% over the past seven days to a 24-hour high of $66,567 before retreating slightly to $65,592. Rekt Capital pointed out the importance of the $60,000 support level, indicating that maintaining this level is crucial for further bullish momentum. He stated that the recent breakthrough of $66,000 proved how quickly market sentiment can shift to a bullish trend. The analyst revealed that the Bitcoin bull market is not over yet. But time and time again, before you can profit from it, the market will try to close your position again and again. At the same time, Mike Novogratz commented on the broader market trends, pointing out that the cryptocurrency industry is at a crucial moment of evolving narratives, and the market landscape may change rapidly, especially with the regulatory developments expected to come in the United States. Mike Novogratz further expands on his macro view, indicating that the coming months could be crucial for the cryptocurrency market as it reacts to new narratives and regulatory developments. He recently predicted that the price of Bitcoin will fluctuate between $55,000 and $75,000 for a period of time, suggesting a consolidation phase before any significant changes occur. (Sourced from: Samuel Edyme)

Rekt Capital: The "danger zone" for asset correction after the Halving event has now ended. Rekt Capital, an anonymous cryptocurrency trader, has released an update on the Bitcoin market cycle chart on X, stating that the "danger zone" during the asset correction after the halving event has ended. Rekt also added that Bitcoin is celebrating a good rebound from the low support level in the re-accumulation range. In previous market cycles, there have been "danger zone" periods before and after the halving event, where the asset retraced on both sides of the event.

Gold Finance reported that anonymous crypto trader Rekt Capital has released an update on the Bitcoin market cycle chart on X, claiming that the "danger zone" during the asset correction after the halving event has ended. Rekt added that Bitcoin is celebrating a strong rebound from the low support level in the re-accumulation range. In the previous market cycle, a "danger zone" period occurred before and after the halving event, where the asset retraced on both sides of the event.

According to a report by Golden Finance, cryptocurrency analyst Rekt Capital wrote in an article on May 8th that based on historical chart patterns, altcoins may bottom out around early June, during the Bitcoin halving period, and suffer from selling pressure. Altcoins are expected to bottom out in early summer. Over the past month, the altcoin market has been hit hard. Excluding the top ten cryptocurrencies, the market capitalization of altcoins fell by more than 21% last month to $265 billion. Nansen Chief Research Analyst Aurelie Barthere said that although a potential local bottom has been seen, the altcoin bull market first needs Bitcoin's price to break through the rise. Altcoins are high-beta cryptocurrencies and they will succeed when market sentiments are very optimistic. Since mid-March, the sentiment of cryptocurrency investors has not been so strong. With BTC's price consolidating near the 20-day Exponential Moving Average (EMA), we need to break through this point and clearly restore BTC's upward trend in order to outperform the market.

Analysts: When Bitcoin could peak in this accelerated Bull Market The current Bitcoin price action and its deviation from the expected cyclical pattern remains a central theme of analysis. Crypto Assets analyst Rekt Capital (@rektcapital) recently shared new insights on X regarding potential spikes in Bitcoin during the current Bull Market, with Bull Market progressing at an atypical rate compared to historical data. In a detailed article, Rekt Capital noted that as of mid-March 2024, Bitcoin not only reached an all-time high, but also about 260 days earlier than the traditional halving cycle. This marks a significant acceleration. "When Bitcoin rose to a new all-time high in mid-March 2024, Bitcoin's cycle accelerated by 260 days compared to the traditional Halving cycle," Rekt Capital said. ” However, this rapid pace did not last. Bitcoin has been in a consolidation phase for the past two months, which has changed its trajectory. Compared to the previous cycle, the acceleration advantage has been reduced to about 210 days. This slowdown is a key factor, as it can lead to resynchronization with the typical Halving cycle. Typically, BTC peaks 518-546 days after the Halving event. The analyst suggested shifting the focus of forecasts from the Halving event to the period after Bitcoin surpassed its previous all-time highs. Historically, BTC prices have tended to reach Bull Market tops within 266 to 315 days of breaching these thresholds. Given that this milestone is achieved again in mid-March 2024, it is expected that the window for the next Bull Market peak may be set between late November 2024 and late January 2025. Nonetheless, a notable trend is that Bitcoin has maintained levels above its old highs for longer and longer periods of time. In 2013, this period lasted 268 days, in 2017 it was extended to 280 days, and in 2021 it increased to 315 days. This pattern suggests an incremental extension of about 14 to 35 days per cycle. "Historically, the number of days Bitcoin over ATH has increased by about 14 days to 35," Rekt Capital explained. ” Add these deltas to the initial range of 266 to 315 days after the old highs, and the peak may extend to 280 to 350 days after the breakout. The adjustment moves the expected peak time frame to between mid-December 2024 and early March 2025. Despite the acceleration of the current cycle, Bitcoin still has the potential to decelerate further, bringing it closer to its Halving cycle. In past cycles, such as 2015-2017 and 2019-2021, Bitcoin peaked at 518 and 546 days after the Halving, respectively. If Bitcoin's acceleration rate continues to decline, the cycle may eventually resynchronize, possibly postponing the peak to between mid-September and mid-October 2025. Rekt Capital explains, "But if Bitcoin continues to drop the acceleration of the current cycle, it will resynchronize with the traditional Halving cycle." "This could lead to peaks that are more in line with historical patterns and deviate from the current acceleration schedule. (Source: Jake Simmons)

Rekt Capital, a well-known cryptocurrency analyst, reported that Bitcoin is currently in a long-term accumulation phase, which is an important consolidation period that helps lay the foundation for potential price pumps. According to data, Bitcoin has transitioned from the pullback phase after the last block reward halving to the accumulation phase. Rekt Capital believes that the current trading range is defined, with price fluctuations between a high resistance level of around $70,000 and a support level around $61,000. Historical data suggests that this phase could last at least 150 days and potentially extend until early October. The analyst emphasizes that the accumulation phase is crucial for stabilizing Bitcoin's market cycle.

币界网报道:近期分析显示,encryption货币分析师Rekt Capital认为Bit币当前处于重新累积阶段,这一阶段对价格下一次上涨至关重要。 根据历史模式,2020年和2016年减半事件后的再累积区间分别持续了160天和154天。 因此,Rekt Capital 推测当前的重新积阶段可能持续到9月 或10初,长达150天甚至更长时间。 他强调了Bit币在重新累积期经历表现不佳和过度时期的重要性,以实现减半前的加速步伐的balance。 建议投资者保持谨慎和patience,尽管减半前取得显著里程碑,但减半后可能需要更long重大成就才能实现可持续Bull Market轨迹。

Rekt Capital cryptocurrency expert warns that Bitcoin may face the risk of value decline in the coming years. He specifically mentioned the importance of the $60,000 level and historical data suggesting potential challenges in the next few weeks. Analysts believe that Bitcoin may experience increased volatility and downward pressure after the halving event. Maintaining this level is crucial for stabilizing market sentiment. Investors need to closely monitor the price of Bitcoin to predict potential economic recession risks.

Rekt Capital, an experienced cryptocurrency analyst, has warned investors that Bitcoin (BTC) may further decline in the coming weeks, similar to the trend following the block reward halving in 2016. The analyst emphasized the importance of the $60,000 support level and noted that maintaining this crucial threshold could lead to a consolidation phase and potentially increase hopes of recovery.

Coin World reported: This article discusses the views of top cryptocurrency analyst Rekt Capital on the behavior of Bitcoin (BTC) before and after the halving, and how this may affect the acceleration of the cycle and the possibility of a market outbreak. The author emphasizes the impact of the consolidation time of historical halving cycles on the current market and explores potential fundamental catalysts such as the expected Bitcoin exchange-traded fund (ETF) and the halving event itself. Finally, the article suggests paying attention to the rise of the Meme coin market to look for potential successors, such as WIF, PEPE, and BONK projects.

BTCWire reported that the narrowing range of Bitcoin prices is due to the decrease in US economic data and investments. Michael van de Popete, an expert, holds a cautious attitude towards short-term predictions and expects sideways trading. Alternative coins may be more dynamic. Rekt Capital predicts a significant decline after the halving, which will impact the upward trajectory of prices. Investors need to pay attention to market analysis and economic indicators to make wise decisions.

coin After the U.S. Department of Justice arrested Samourai Wallet CEO and CTO, Bitcoin (BTC), Ethereum (ETH) and other major Crypto Assets briefly fell sharply fall price fell 3.6% to $63,710 on April 24. At the same time, tensions in the Middle East have added to the turmoil in the Bitcoin market. The price falls of the largest Crypto Assets triggered a series of liquidation events, clearing a large number of long and short positions over the past 12 hours. Market sentiment Fluctuation fierce as the Fear & Greed Index rise, analysts criticizing the arrests, and Rekt Capital predicting the next peak Bull Market