Cryptocurrency analyst and trader Rekt Capital indicates that Bitcoin 
$62,740 could enter a rising trend following September. According to the analyst, the fourth quarter of this year may be favorable for Bitcoin. Historical data suggests that Bitcoin might deliver consecutive positive returns in October, November, and December.
October Performance
Rekt Capital states that Bitcoin has historically achieved an average gain of 22.9% in October. While Bitcoin generally closes positively in October, it has only recorded two negative closures in its history. These years, 2014 and 2018, were periods when the market faced downward trends.
Halving Cycle and Future Predictions
Examining Bitcoin’s past halving cycles reveals that peak points occurred between 518 to 546 days after halving. If history repeats itself, Bitcoin’s peak during this cycle may occur in September or October 2025. Accordingly, Bitcoin could seek new highs starting from the second half after halving.
Data shows that Bitcoin typically experiences a downward trend in September, with an average loss of around 5%. This year may follow a similar trend as well. However, the analyst anticipates a positive outlook following September.
Rekt Capital emphasizes potential profit opportunities in future periods by evaluating Bitcoin’s historical cycles. Based on these analyses, investors can assess Bitcoin’s future performance. Nevertheless, it is essential for investors to conduct their own research and consider risks, as investment decisions must be made under individual responsibility.
