After more than 15 years of existence, Bitcoin has established many trends that analyzers have pointed out historical values. One of these trends is a few weeks of rising from the foot cycle before seeing a big bitcoin price. Due to the similarity of the foot cycle for many years, one trend has been especially noticeable, which is often predicted when major bitcoin correction is closed.
6-7 weeks understanding Bitcoin theory
Rekt Capital, a popular encryption analyst in the X Post, explained how the Bitcoin price modification worked in the past cycle to understand when the next correction could go. Pointing to the repetitive trends, the analyst first was held with the 2013 cycle when Bitcoin was rally, and showed how much time it rose before the price of cryptocurrency dropped. In 2013, Bitcoin prices rose for the first six weeks after the price was found. Cryptocurrency has seen the first main modification.
The following was the 2017 cycle that Bitcoin rose for more than seven weeks after finding the price. This steady pattern has raised the price to the highest ever after the rally for almost two months. Ultimately, BTC had to experience the first main price modification for eight weeks. During this time, it falls 34% to announce the end of the meeting.
Then, in the historic 2020-2021 rally, Bitcoin will start finding prices and constantly meet for the next six weeks. As before, the BTC price starts to return to only 7 weeks and falls 16% during this period.
In early 2025, the same trend was modified 32%in the first quarter before the Bitcoin price was rolled for seven weeks. This shows the shift between the rally between six and seven weeks before the main modification. Nevertheless, one schedule remains constant. Once Bitcoin enters the price, there is a tendency to have at least six weeks of runway before experiencing the first major modification.
BTC Guy
The current rally has already seen Bitcoin prices fall to $ 120,000. But as the analyst pointed out, the price of BTC is obsessed for two weeks until the cryptocurrency has been found to find the price.
Due to the 6-7 week shift trend, the price detection will last for six weeks. According to the Rekt Capital, given that it is only a week, there is another month’s rise in Bitcoin prices before facing the first actual rejection and its correction.
This can mean that the rest of the moon in July continues to be strong in the encryption market and move to the moon in August. However, according to the 6-7 week theory, at the end of August, the first modification, which is likely to be more than 30% of modifications at this point, will be weak in the market.
DALL.E’s main image, TradingView.com chart
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