Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch

Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch

Daily HodlDaily Hodl2025/01/24 16:00
By:by Daily Hodl Staff

An analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is about to enter another explosive phase of the market cycle.

The analyst pseudonymously known as Rekt Capital tells his 105,000 YouTube subscribers that based on historic precedence, Bitcoin may soon have a massive breakout, following the recent correction.

However, he warns that a severe correction may follow the next big rally based on Bitcoin’s usual cycle patterns.

“We’re on the cusp of entering a parabolic phase in the cycle once again. That second price discovery uptrend that’s going to get us into price discovery and to new all-time highs. And then of course we’re going to have to prepare for that price discovery correction once again… It’s going to last multiple weeks and chances are it’s going to be deeper than this 17% pullback that we saw…

That second price discovery correction could be very different, it could be that much deeper and I’m sure it’s going to capitulate a lot of retail investors in the market.”

Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch image 0 Source: Rekt Capital/YouTube

The trader also expects Bitcoin will enter a third price discovery phase after the potential severe correction based on prior cycles.

“It most likely won’t be the end of the cycle overall, and we’ll still have that third price discovery uptrend ahead. So if we just look, generally speaking, in this market cycle, where are we at approximately, we’re in the parabolic phase of the cycle. And if we’re looking at where we are month-wise, we’re in the third month of the price discovery uptrend in the parabolic phase of the cycle.”

Bitcoin on the Cusp of Entering a Parabolic Phase Once Again, According to Crypto Analyst – But There’s a Catch image 1 Source: Rekt Capital/YouTube

Bitcoin is trading for $104,565 at time of writing.

1
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Long-term US Treasury Sell-off Continues! 10-Year Treasury Yield Breaks 5.2% Again, “AI Boom vs. Rising Financing Costs” Narrative Showdown Intensifies

On Monday, oil prices rose and US Treasury bonds were sold off again as former US President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, heightening concerns about inflation.

智通财经•2026/09/28 03:16

Banks Have Been Earning Effortlessly from Idle Funds for Years—Will AI Agents Change Everything?

For years, banks have profited from customers' idle funds, but AI agents may be about to change this situation.

智通财经•2026/09/28 03:11

Goldman Sachs: US stocks are showing a "strong index, weak confidence" pattern; catch-up rally may become the main theme of the next phase

Goldman Sachs stated that the current U.S. stock market is showing an unusual pattern: while index performance is strong, investor confidence remains weak. This suggests that the market still has further upside potential, and stocks that previously lagged behind leading AI stocks may soon experience a catch-up rally.

智通财经•2026/09/28 03:06
Goldman Sachs: US stocks are showing a "strong index, weak confidence" pattern; catch-up rally may become the main theme of the next phase