Odaily News Analyst Rekt Capital pointed out that the Bitcoin bull market may only have 2-3 months of upside left. According to the 2020 cycle model, the market may reach its peak 550 days after the halving event in April 2024 (that is, in October this year).
Although the market generally expects that the cycle may continue until 2026, Rekt Capital warns investors not to abandon "time-tested principles." He believes that some investors ignore the halving cycle indicators and chase new narratives (such as Bitcoin's correlation with the global M2 money supply) as an "emotional" behavior. (Cointelegraph)