Analyst: Bitcoin bull run may end in October
7 hours ago
Odaily News Analyst Rekt Capital pointed out that the Bitcoin bull market may only have 2-3 months of upside left. According to the 2020 cycle model, the market may peak 550 days after the halving event in April 2024 (that is, in October this year). Although the market generally expects that the cycle may continue until 2026, Rekt Capital warns investors not to abandon "time-tested principles." He believes that some investors ignore the halving cycle indicators and instead chase new narratives (such as the correlation between Bitcoin and the global M2 money supply) is an "emotional" behavior. (Cointelegraph)
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