Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact start of this crypto bull market is still up for debate.
Timing the Market: The Challenge of Identifying Bitcoin’s Bull Run Lifespan
Bitcoin (BTC) has climbed to unprecedented price levels this year, igniting widespread speculation and all types of forecasts. On March 12, 2024, Philip Swift, the founder of lookintobitcoin.com, disclosed bitcoin’s MVRV Z-Score on X, indicating that the metric suggests the bull market’s upward momentum may just be beginning to pick up steam.
“MVRV Z-Score is now at 2.82,” Swift posted. “Useful context to see how far through the bull cycle we might be. Still a long way to go,” he added. Predictions have abounded during BTC’s rise, with call options targeting the $100,000 per unit benchmark. Onchain analyst Willy Woo recently remarked that the current jump in bitcoin’s value is merely “the warm-up.”
The cryptocurrency trader and analyst, who goes by the name Rekt Capital on X, delved into historical price trends with greater detail. “Historically, bitcoin has peaked in its bull market 518-546 days after the halving,” the analyst explained. “However, Bitcoin is showing clear signs of acceleration in its current cycle by approximately ~260 days. This therefore may cut the typical cycle length in half.”
The trader suggested that if we determine the peak of a bull market from the point an old all-time high is surpassed, then this viewpoint implies bitcoin could reach its bull market zenith 266-315 days after it eclipses its previous all-time high. “Bitcoin broke to new all time highs in this cycle last week,” Rekt Capital concluded. “If the accelerated perspective turns out to be true, then the next bull market peak may thus occur in 266-315 days. That’s December 2024 or February 2025.”
