Crypto Trader Suggests Next Altcoin Boom Is on the Horizon – Outlines Expected Timeline for Hype Cycle Formation

An experienced cryptocurrency analyst is predicting that alternative digital currencies are teeing up for a significant surge by July.

The analyst, who uses the alias Rekt Capital, informs his audience of 467,200 on a well-known social platform that he anticipates an altcoin “hype cycle” to emerge in the year’s second quarter as the market enters a consolidation phase.

“There’s still time before the altcoin hype cycle for Q2 begins to ramp up. Right now, the critical groundwork for the upcoming altcoin surge is being laid. Before we see market-wide breakouts, there generally needs to be a period of gradual market consolidation.”

Moreover, Rekt Capital suggests that if Bitcoin were to mimic its historical patterns, we might expect the apex of its cycle to occur in September or October next year.

“During the 2015-2017 cycle, Bitcoin’s peak arrived 518 days post-halving. In the 2019-2021 cycle, it peaked 546 days post-halving. Should history serve as an accurate guide, and the next bull market peak falls within 518-546 days post-halving, Bitcoin could reach its cycle peak around mid-September 2025 to mid-October 2025.

At present, Bitcoin’s progression in this cycle is about 200 days ahead. Thus, the more prolonged the consolidation phase after the halving, the better the chances of realignment with the customary halving cycle timing.”

As of the current moment, Bitcoin is being traded at $64,848, having risen 4.6% in the prior 24 hours.

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