First Post-Halving in Bitcoin: Entering the Astronomical Rise Phase!

Popular analyst Rekt Capital said that Bitcoin is about to enter astronomical bullish territory.

Rekt Capital included Bitcoin analysis in its X post dated May 20. The analyst, who makes analyzes based on historical data and generally stands out with his accurate predictions, pointed out the rise in Bitcoin.

Stating that Bitcoin is currently in the accumulation process after the halving and will exit this area soon, Rekt Capital said that one should be ready for the transition to the parabolic rise zone:

Bitcoin will soon exit the accumulation range and visit the bullish zone for the first time in the post-halving period.

According to the chart shared by the analyst, a similar situation occurred after the 2020 halving, and after Bitcoin entered a several-month accumulation process and remained horizontal, the price entered a parabolic rise phase.