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Rekt Capital: Bitcoin will start a growth phase in February

12:12 pm, January 29, 2025

Cryptocurrency analysts note: Bitcoin BTC $101,636.30 Bitcoin -0.57% Market capitalization $2.01 trillion VOL. 24 hours $1.85 billion has recovered its position after falling to $ 98,000 and hit a high of $ 103,100 during morning trading on Tuesday, January 28. An industry expert known as Rekt Capital said that the first phase of the market leader’s price discovery has already been completed, and if history repeats itself, the main cryptocurrency could begin the second phase of growth by mid-February.

Price discovery is the process of establishing the fair market value of an asset. The analyst compared the current bitcoin cycle to previous years: in 2017 and 2021, BTC first recovered after the first correction and then reached new highs a few weeks later. In 2025, Bitcoin is on the 82nd day of its «parabolic phase,» which usually lasts about 300 days.

Meanwhile, the cryptocurrency market experienced a slight decline in capitalization to $ 3.65 trillion, which indicates the difficult situation of altcoins. Thus, Ethereum ETH $3,100.07 Bridged Ether (StarkGate) -2.35% Market capitalization $0.28 billion VOL. 24 hours $1.08 billion dropped to $ 3,036, but rose again to $ 3,200, losing more than 6% this month. XRP $3.00 XRP -5.07% Market capitalization $173.11 billion VOL. 24 hours $0.76 billion regained the $ 3 level, and Solana SOL $224.40 Solana -3.18% Market capitalization $109.23 billion VOL. 24 hours $0.69 billion is approaching $ 240.

The digital asset market remains the focus of attention for analysts, who expect that the next stage of Bitcoin’s growth could provide a new impetus for the entire crypto space.

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BTC

$101,636.30

-0.57%

ETH

$3,100.07

-2.35%

BNB

$661.23

-1.19%

XRP

$3.00

-5.07%

SOL

$224.40

-3.18%

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