Bitcoin’s Next “Price Discovery Correction” Could Be Around the Corner

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Key factors:

  • Bitcoin has loved six weeks of its newest “value discovery uptrend” — however a correction is now due.

  • Evaluation exhibits that in earlier halving cycles, BTC value tends to halt its second uptrend after 5 to seven weeks.

  • A brand new dip now would nonetheless permit contemporary all-time highs in This fall.

Bitcoin (BTC) might begin the final week of its newest “value discovery uptrend” on Monday with the value caught beneath $120,000.

New findings released Sunday by well-liked dealer and analyst Rekt Capital present that BTC value is operating out of time to make new highs.

Bitcoin hits basic “value discovery correction” zone

Bitcoin dangers conserving its latest $124,500 all-time high in place — if it follows historic patterns.

Updating X followers on bull market progress, Rekt Capital famous that Bitcoin is about to begin the seventh week of its second “value discovery uptrend” since its 2024 halving.

After every halving occasion, the next bull market accommodates a succession of such uptrends, every accompanied by a correction. The timing of every part all through Bitcoin’s lifespan has been roughly comparable.

“Traditionally, Bitcoin Value Discovery Uptrend 1 tends to finish between Week 6 & 8 of its uptrend. Whereas in Value Discovery Uptrend 2, Bitcoin tends to finish its uptrend between Week 5 & 7,” Rekt Capital summarized.

“Week 7 of Value Discovery Uptrend 2 begins tomorrow.”

BTC/USD one-week chart. Supply: Rekt Capital/X

A linked chart from earlier within the 12 months exhibits a possible upside goal for the second uptrend at slightly below $160,000.

“But when we expect critically about earlier Value Discovery Corrections throughout the cycles… Then solely one in all them began in Week 8 (2017), one in all them began in Week 6 (2021) and and two of them began in Week 7 (2013 and 2025),” a newsletter on the subject noticed in July. 

In 2025, Bitcoin’s first corrective part took the value from close to $110,000 to beneath $75,000 — a roughly 30% drawdown not unusual in earlier halving cycles.

New BTC value all-time excessive in This fall?

Persevering with, fellow dealer Daan Crypto Trades famous that BTC/USD has not but delivered a “inexperienced” August and September back-to-back.

Associated: Ether unstaking queue hits $3.8B: What does it mean for ETH price?

Nonetheless, a dip may type the pretext for a bigger cycle high to come back towards the tip of the 12 months.

“We are inclined to see a fast flush adopted by an explosive This fall in a lot of the bull market years,” a part of an X post said Sunday. 

“Any bigger flushes within the subsequent 1-2 months could be welcomed and will very effectively be the final bigger dip for the This fall finish of the 12 months rally which we see so usually. If not, that is tremendous too however I feel it will pull ahead an even bigger excessive timeframe high as effectively.”

BTC/USD month-to-month returns (screenshot). Supply: CoinGlass

Knowledge from monitoring useful resource CoinGlass exhibits BTC/USD up 2.1% in August, already barely above the 1.8% common. September, in contrast, has on common delivered a 3.8% value drawdown.

This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.