Rekt Capital: Bitcoin will reach a new historical high in the near future

An analyst at Rekt Capital believes that bitcoin BTC $95,408.40 Bitcoin -0.97% Market capitalization $1.89 trillion VOL. 24 hours $2.48 billion is in one of the last phases of consolidation before rising to new historical highs. According to him, the cryptocurrency has already completed the first stage of price discovery and will soon move on to the second rise if it consolidates above $ 97,700.

According to the analyst, BTC needs to close daily candles above this mark or turn it into a support level to continue its move to $ 101,000. Historical cycles indicate that the bullish trend may last until the end of 2025, after which the market will enter a correction phase.

Rekt Capital predicts that in 2026, BTC could fall by 65−80%, starting a new bear market. He emphasizes that such cyclical corrections are typical for the flagship crypto market, and long-term investors should be prepared for such changes.

Earlier, Rekt Capital noted that bitcoin would dominate the market up to 71% in the coming months. However, during short downturns of the main cryptocurrency, altcoins will have opportunities for local upsurges. It is expected that after bitcoin reaches 71% dominance, a sharp decline will occur. In the future, this may lead to the so-called «alt-season» — a period when alternative coins show a significant increase in value.