Prominent crypto analyst Rekt Capital predicts a significant breakout for altcoins by July, signaling the start of an anticipated “hype cycle.” With a substantial following of 467,200 on X social media platform, Rekt Capital believes that the altcoin market is currently undergoing a consolidation phase, laying the groundwork for the upcoming surge.
Rekt Capital also draws attention to the potential timing of Bitcoin’s cycle top, based on historical patterns. Comparing previous cycles, the analyst notes that Bitcoin reached its peak 518 days after the halving in the 2015-2017 cycle, and 546 days after the halving in the 2019-2021 cycle. Applying this pattern to the current cycle, the next bull market peak could occur in mid-September or mid-October 2025. Rekt Capital emphasizes that Bitcoin’s consolidation period following the halving is crucial for synchronizing the current cycle with the traditional halving cycle.
As of now, Bitcoin is trading at $64,848, reflecting a 4.6% increase in the last 24 hours.
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