1 month ago
Key points:
Bitcoin has enjoyed six weeks of its latest “price find uptrend” — but a correction is present due.
Analysis shows that successful erstwhile halving cycles, BTC terms tends to halt its 2nd uptrend aft 5 to 7 weeks.
A caller dip present would inactive let caller all-time highs successful Q4.
Bitcoin (BTC) whitethorn commencement the past week of its latest “price find uptrend” connected Monday with the terms stuck beneath $120,000.
New findings released Sunday by fashionable trader and expert Rekt Capital amusement that BTC terms is moving retired of clip to marque caller highs.
Bitcoin hits classical “price find correction” zone
Bitcoin risks keeping its caller $124,500 all-time high successful spot — if it follows humanities patterns.
Updating X followers connected bull marketplace progress, Rekt Capital noted that Bitcoin is astir to commencement the seventh week of its 2nd “price find uptrend” since its 2024 halving.
After each halving event, the consequent bull marketplace contains a succession of specified uptrends, each accompanied by a correction. The timing of each signifier passim Bitcoin’s lifespan has been astir similar.
“Historically, Bitcoin Price Discovery Uptrend 1 tends to extremity betwixt Week 6 & 8 of its uptrend. Whereas successful Price Discovery Uptrend 2, Bitcoin tends to extremity its uptrend betwixt Week 5 & 7,” Rekt Capital summarized.
“Week 7 of Price Discovery Uptrend 2 begins tomorrow.”
BTC/USD one-week chart. Source: Rekt Capital/XA linked illustration from earlier successful the twelvemonth shows a imaginable upside people for the 2nd uptrend astatine conscionable beneath $160,000.
“But if we deliberation critically astir erstwhile Price Discovery Corrections crossed the cycles... Then lone 1 of them started successful Week 8 (2017), 1 of them started successful Week 6 (2021) and and 2 of them started successful Week 7 (2013 and 2025),” a newsletter connected the taxable observed successful July.
In 2025, Bitcoin’s archetypal corrective signifier took the terms from adjacent $110,000 to nether $75,000 — a roughly 30% drawdown not uncommon successful erstwhile halving cycles.
New BTC terms all-time precocious successful Q4?
Continuing, chap trader Daan Crypto Trades noted that BTC/USD has not yet delivered a “green” August and September back-to-back.
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However, a dip could signifier the pretext for a larger rhythm apical to travel toward the extremity of the year.
“We thin to spot a speedy flush followed by an explosive Q4 successful astir of the bull marketplace years,” portion of an X post stated Sunday.
“Any larger flushes successful the adjacent 1-2 months would beryllium welcomed and could precise good beryllium the past larger dip for the Q4 extremity of the twelvemonth rally which we spot truthful often. If not, that's good excessively but I deliberation it would propulsion guardant a bigger precocious timeframe apical arsenic well.”
BTC/USD monthly returns (screenshot). Source: CoinGlassData from monitoring assets CoinGlass shows BTC/USD up 2.1% successful August, already somewhat supra the 1.8% average. September, by contrast, has connected mean delivered a 3.8% terms drawdown.
This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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