Bitcoin (BTC) recently hit a new all-time high of $93,500, prompting analysts to offer positive outlooks on market action.$BTC

Rekt Capital stated that Bitcoin has now entered the parabolic phase of its current cycle, and predicted that the first correction may occur after the price follows an upward movement in the following weeks. Rekt Capital made an assessment as follows: “Bitcoin has entered the parabolic phase in this cycle. The price is expected to continue to increase in the coming period, but then the first pullback may occur.”

Historical Data and Future Forecasts
The analyst, in his analysis based on Bitcoin’s past cycles, said that the current bull market could take about 40 weeks to reach its peak. Based on historical data, Rekt Capital predicts that this peak could occur between September and October 2025. “Bitcoin reached the peak of the bull market in 518 days after the halving. In 2020, this period extended a little more, reaching 550 days. If this trend continues, we could see the peak between September and October 2025,” said the analyst, emphasizing that Bitcoin is currently following a long-term parabolic uptrend.

Long-Term Uptrend
Rekt Capital stated that Bitcoin entered a parabolic rise phase in the post-halving period and that this phase could last about 300 days. According to the analyst, there will be a significant upward movement in the Bitcoin price during this period. “This last phase is quite a long period. Right now, Bitcoin is at the very beginning of this phase. The next 300 days may offer significant opportunities for the market,” he said.

Journey to the Top
If Bitcoin’s current cycle sees a price movement parallel to historical data, there could be a serious potential for value appreciation for long-term investors. The analyst states that Bitcoin’s price movements have begun to signal a parabolic rise that will last until 2025. While it is estimated that many new record highs will be seen before the market reaches its peak, investors continue to be curious about whether Bitcoin’s historical trends will repeat.