Bitcoin's Bull Run Nears Final Phase: Analysts Weigh In on What's Next

Bitcoin remains in a bull market, though the pace has notably slowed according to cryptocurrency analyst Rekt Capital's latest market assessment. The current cycle has demonstrated unique characteristics, featuring the longest post-halving reaccumulation period on record at nearly eight months. This extended consolidation phase allowed the market to stabilize following rapid gains, realigning prices with long-term trends.

While Bitcoin ultimately achieved new all-time highs, this cycle's upward movement has been markedly more gradual compared to historical patterns. Analysts now suggest the risk of correction at current price levels may be outweighing potential upside. Though projections indicate possible price targets between $130,000 and $150,000, market participants should remain cautious about increasing volatility as the cycle matures.

Rekt Capital's analysis highlights Bitcoin's predictable cyclical behavior, alternating between strong rallies, consolidation periods, and corrective pullbacks before reaching cycle peaks. The current extended reaccumulation phase suggests this bull run may be entering its latter stages, with approximately 88% of the cycle complete according to historical patterns.