A Bitcoin breakout could happen within the next “handful” of days, according to a pseudonymous crypto market analyst.
Bitcoin and crypto markets could be on a cusp of a breakout, if historical cycle patterns repeat, according to an analyst.
In a post on X on Sept. 24, analyst Rekt Capital observed that in previous market cycles, Bitcoin (BTC) has historically broken out from its reaccumulation range between 154 and 161 days after the halving.
The BTC halving event this cycle was on April 20, 157 days ago, so we are within the breakout time frame, he said before adding:
