According to crypto analyst Rekt Capital, Bitcoin (BTC) hasn’t quite hit its lowest point in this bear market. He suggests that historical patterns indicate further declines could be imminent.
In a recent YouTube video, Rekt Capital outlined the current market's resemblance to the 2022 bear market, while also showcasing traits seen in previous market cycles. He emphasizes how macro downtrends follow breakdowns from descending triangle patterns, which have historically resulted in prolonged decline periods.
Potential for a Short-Term Rally
While the recent drop has indeed been significant, the analyst posits that a short-term relief rally could occur before another consolidation phase. Rekt notes, “This is probably going to be yet another redistribution range like what we saw back here… in the search for a new bear market bottom.”
Comparing Current Cycle to Past Bear Markets
Rekt Capital also scrutinizes the current cycle relative to prior bear markets, particularly focusing on the duration since the market peaked. Bitcoin is nearing approximately 270 days since its peak in 2025, whereas historical cycles typically took around 365 days to identify a bear market bottom. “By standards of 2022… we’re not quite near the bottom… there’s still time and there’s still magnitude for downside,” he adds.
The analyst also observes that during similar points in the 2018 and 2014 cycles, Bitcoin hadn’t yet broken down from similar macro chart structures. Given these historical comparisons, he claims it's “a little bit premature” to assert that Bitcoin is close to bottoming out, especially if the current cycle adheres to historical trends.
As the market continues to evolve, investors should remain vigilant and keep abreast of developments in the crypto space.
Follow us on our social media channels for more insights and alerts.
