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Rally

Bitcoin

Rekt

Following the recent FED interest rate cut, Bitcoin and the broader altcoin market have seen a surge, fueling expectations of a significant rally. An experienced analyst has shared promising insights, suggesting that if history repeats itself, Bitcoin could be on the verge of a substantial price breakout.
<h2 id="bitcoin-s-historical-patterns-indicate-a-rally">Bitcoin’s Historical Patterns Indicate a Rally</h2>
The well-known analyst Rekt Capital has highlighted that historically, Bitcoin has exited its re-accumulation range between 154 and 161 days after a halving event. According to the analyst, it has now been 157 days since the most recent halving in April, signaling that a major upward breakout could be imminent.
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 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#BTC</a>
 Historically, Bitcoin has broken out from its ReAccumulation Range 154-161 days after the Halving
 It is 157 days after the Halving now
 History suggests it is “Breakout Time” for Bitcoin<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">#Bitcoin</a> <a href="https://t.co/Ydqlu4JKSf" rel="noopener noreferrer nofollow" target="_blank">https://t.co/Ydqlu4JKSf</a> <a href="https://t.co/CwRvUYnHW0" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/CwRvUYnHW0</a>
 — Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1838269432960843880?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">September 23, 2024</a>
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Referring to historical data, the analyst pointed out that after Bitcoin’s 2016 halving, it exited the re-accumulation phase 154 days later, while in 2020, it took 161 days. Based on this, the analyst suggests that Bitcoin is now primed for a significant upward move in the coming days.
<h2 id="the-timing-is-crucial-for-bitcoin">The Timing is Crucial for Bitcoin</h2>
The analyst’s prediction aligns with Bitcoin’s historical behavior, which has shown that major rallies typically occur after the re-accumulation period. With only 14% separating Bitcoin from breaking its previous all-time high of $73,700, investors are eagerly watching to see if the cryptocurrency will reach new heights.

Experienced Analyst Predicts Major Bitcoin (BTC) Bull Run: “The Time Has Come, Rally Is Imminent!”

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