After being in existence for over 15 years, Bitcoin has established quite a lot of traits that analysts throughout the board have pointed to for historic worth. One in all these traits that has been established is the variety of weeks that the Bitcoin value has rallied in every cycle earlier than it noticed a serious pullback. Because of the similarity of every cycle over time, one pattern has stood out particularly, and that’s the 6-7 week pattern that usually predicted when a serious Bitcoin correction was due.
Understanding The 6-7-Week Bitcoin Concept
In an X submit, well-liked crypto analyst Rekt Capital defined how Bitcoin value corrections have labored up to now cycles in a bid to know when the subsequent correction might be on the way in which. Pointing to a recurring pattern, the analyst first opened with the 2013 cycle when Bitcoin had rallied, displaying how a lot time the cryptocurrency’s value rose earlier than it started to fall. Again in 2013, the Bitcoin value had risen for the primary six weeks after coming into into value discovery. Solely on the seventh week did the cryptocurrency see its first main correction.
Subsequent was the 2017 cycle when Bitcoin had gone into value discovery and rallied for upwards of seven weeks. This regular sample pushed the value to new all-time highs after rallying for nearly two months. Finally, it was not till the eighth week that BTC skilled its first main value correction. It might fall 34% throughout this time, signaling the top of the rally.
Then, once more, within the historic 2020-2021 rally, Bitcoin would enter into value discovery and for the subsequent six weeks, it might rally relentlessly. Much like earlier than, the BTC value would solely start to retrace on the 7-week mark, falling 16% throughout this time.
The identical pattern additionally performed out in early 2025 when the Bitcoin value rallied for seven weeks earlier than correcting by 32% to the $75,000 territory within the first quarter of the 12 months. This reveals an alternation between six and 7 weeks of rallying earlier than a serious correction. However however, one factor stays fixed: as soon as Bitcoin enters into value discovery, it tends to have no less than six weeks of runway earlier than experiencing its first main correction.
The place BTC Is In This Cycle
The present rally has already seen the Bitcoin value break into the $120,000 territory, which is uncharted territory for the digital asset. Nonetheless, because the analyst factors out, the BTC value has solely been rallying for 2 weeks to this point after the cryptocurrency entered into value discovery.
Going by the 6-7-week alternating pattern, it raises the chance that this value discovery will final for six weeks. Provided that it is just Week 2, in accordance with Rekt Capital, there may be theoretically one other month of upside to return earlier than the Bitcoin value faces its first actual rejection and subsequent correction.
This might imply that the remainder of the month of July will proceed to be bullish for the crypto market, and transfer into the month of August. Nonetheless, going by the 6-7-week concept, the top of August shall be bearish for the market as the primary correction, more likely to be an above 30% correction, will occur round this time.
Featured picture from Dall.E, chart from TradingView.com
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