Basic Points:
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Bitcoin is satisfied with the six weeks of the latest “price detection price” – but a correction is due.
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The analysis shows that in previous cycles of cycles, the price of BTC tends to stop the second upbringing after five to seven weeks.
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A new dip today will still allow fresh all-time highs in Q4.
Bitcoin (Btc) Can start the last week of the latest “price detection price” on Monday with the price stuck below $ 120,000.
New findings released Sunday Through popular businessmen and analysts that rect capital shows that the BTC price is running out of time to produce new highs.
Bitcoin hits the classic “price Discovery Correction” zone
Bitcoin dangers have been maintained recently —what $ 124,500 all-time high In place – if it follows historical patterns.
Updating X followers in the development of the Bull Market, Rekt Capital mentioned that Bitcoin is about to start 2024 halving.
After each split event, the subsequent bull market contains sequential -riot, each accompanied by a correction. The timing of each stage throughout the life of Bitcoin is very similar.
“Historically, the Bitcoin price of Discovery Uptrend 1 tends to end between Week 6 and 8 of its uptrend. Because with the discovery of the price uptrend 2, Bitcoin tends to end the uprising between Week 5 and 7,” the Capital Capital reiterated.
“Week 7 of the Price Discovery Uptrend 2 begins tomorrow.”
A linked chart from earlier in the year shows a potential reversed target for a second -up -to -date just below $ 160,000.
“But if we think it was critical about previous pricing discoveries throughout the cycles … Then only one of them started on week 8 (2017), one of them started on Week 6 (2021) and and two of them started on Sunday 7 (2013 and 2025),” a Newsletter on the topic followed in July.
In 2025, the first stage of Bitcoin correction took the price from near $ 110,000 to under $ 75,000 – a Excessive 30% drawdown It is not uncommon for previous cycles of cycles.
New BTC price all the time high in Q4?
Continuing, fellow entrepreneurs, Crypto Trades mentioned that the BTC/USD has not yet delivered a “green” August and September back and forth.
Related: The Ether Unstaking Queue hits $ 3.8B: What does the ETH price mean?
However, a sinking can develop the pretext for a larger top to come by the end of the year.
“We tend to see a quick flush followed by an explosive Q4 in most years of the bull market,” part of a X post stated on Sunday.
“Any larger flushes in the next 1-2 months will be welcome and may be the final larger sinking for the Q4 end of the year we see often. Otherwise, that’s fine but I think it will also pull it a bigger time of time.”
Data from the resource tracking Coinglass BTC/USD is shown up to 2.1% in August, which is slightly more than 1.8% average. September, in contrast, was on average delivering a 3.8% price drawdown.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
