Rekt Capital stated in a recent tweet that the crypto bull market is not over yet. According to Rekt Capital, the last crypto bull run lasted 152 weeks and may have set the stage for precedent. In this case, there are only 20 weeks left for the market bulls to enter and Bitcoin reached $13K in 2019. If Rekt Capital’s prediction comes true, Bitcoin could rise above $100K.
Altcoin season is likely to start soon, according to Rekt Capital
Currently, Bitcoin sits at around $10K and has a total market cap of $182 billion. It also increased BTC market dominance to 69%. As always, an increase in Bitcoin prices leads to a corresponding positive price action across the entire crypto market.
Indeed, Bitcoin made the crypto winter come to an end after suddenly surging a few months ago. However, altcoins failed to accelerate compared to the rise in BTC. At the time of this writing, most of the altcoin chart is in red. However, according to Rekt Capital, the altcoin season is likely to start soon.
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