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‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital
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‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital

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‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital
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‘History suggests it’s breakout time for Bitcoin’ — Rekt Capital

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Source: Coin Telegraph

A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst.

Bitcoin and crypto markets could be on the cusp of a breakout if historical cycle patterns repeat, according to an analyst.

In a Sept. 24 X post, analyst Rekt Capital observed that in previous market cycles, Bitcoin (BTC) has historically broken out from its reaccumulation range between 154 and 161 days after the halving.

This cycle’s BTC halving occurred on April 20, 157 days ago, so we are within the breakout time frame, he said, adding: 

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Author: Martin Young

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