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    Home » Historical patterns indicate when the cryptocurrency bull market could end, analyst says – here's the timeline
    Crypto

    Historical patterns indicate when the cryptocurrency bull market could end, analyst says – here's the timeline

    ZEMS BLOGBy ZEMS BLOGMarch 9, 2024No Comments2 Mins Read
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    A closely followed cryptocurrency analyst predicts when the ongoing bull market for digital assets will end.

    Cryptocurrency strategist with the pseudonym Rekt Capital Tells His 411,700 followers on social media platform

    “If history repeats, the next bull market peak could occur 518-546 days after the halving. This is mid-September or mid-October 2025.”

    Source: Reckitt Capital/X

    The merchant too Warn Although Bitcoin is currently experiencing a pre-halving rally based on historical patterns, the king of cryptocurrencies usually drops suddenly just before the halving event, when miner rewards are halved. The next halving is expected to occur around April 20.

    “Bitcoin is in a bullish phase before the halving. But the correction phase before the halving is getting closer with each passing day.”

    Source: Reckitt Capital/X

    During the current bull market, a trader expects the Shiba Inu dog-themed digital asset (SHIB) to reach its all-time high again, but after a period of accumulation.

    “It is only a matter of time before SHIB returns to its old all-time highs to complete its U-shaped reversal. The only thing that is a question mark is where the price will form the re-accumulation range. In the blue-black range ($0.000033285 – $0.000047348) or the orange range Orange ($0.0000221371 – $0.000026041)?

    SHIB is currently trading at less than 57% of its all-time high of $0.00008616, which was reached in October 2021.

    he is too Believes Other meme currencies will see significant increases during a cryptocurrency bull market cycle.

    “FLOKI, DOGE, SHIB, BONK will always rally strongly in bull markets. Market psychology will never change. Memecoins will always play an essential role in any money flow cycle.

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    Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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