TechFlow reported on September 24, according to Cointelegraph, Rekt Capital released an analysis report indicating that Bitcoin may be poised for a breakout. Based on historical cycle patterns, Bitcoin typically breaks out of its re-accumulation range 154 to 161 days after a halving event. The current post-halving period has now reached 157 days, falling within the historical breakout window. Rekt Capital emphasized that if history repeats itself, Bitcoin could break out of its current range in the coming days. The analysis also shows that Bitcoin's performance in September 2024 has outperformed previous years, achieving approximately a 9% gain—marking the best September performance in its history.
Add to Favorites
Share to Social Media
