Analyst Predicts Bitcoin Bull Market

An analyst who accurately anticipated Bitcoin’s correction in early 2024 believes BTC is still in a bull market following a bounce from a 2025 low of $76,000.

Pseudonymous analyst Rekt Capital shared with his 542,000 followers on the social media platform X that Bitcoin’s current bull market cycle has not yet peaked.

> “BTC bull market progress: 82.5%. (Progress will speed up on parabolic advances and slow down on deeper retraces).”
> Source: Rekt Capital/X

The analyst further explained to his 107,000 YouTube subscribers that Bitcoin’s recent drop to $76,000 does not indicate the start of a bear market, referencing historical trends.

> “Many people have been talking about this being a bear market, but it looks like it is a downside deviation period similar to past instances. These periods are evolving, but it’s crucial to analyze the charts calmly and without bias, avoiding premature conclusions of a bear market due to pullbacks similar to 2024.”
> “This was a 32% pullback in 2024. Now, we have a 30% pullback at the $76,000 range this month, showing a similar downside deviation. It’s essential to stay level-headed and evaluate the data, look at the chart, and zoom out when in doubt.”
> Source: Rekt Capital/YouTube

In technical analysis, a downside deviation occurs when an asset breaks its immediate support, creating a false breakdown before recovering and rallying to new highs.

At the time of writing, Bitcoin is trading at $88,028, up 3.4% in the last 24 hours.

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