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Rekt Capital: Historical cycle data shows that Bitcoin has left the "danger zone"

Rekt Capital: Historical cycle data shows that Bitcoin has left the "danger zone"

CointimeCointime2024/05/14 03:46
By:Cointime

Anonymous cryptocurrency trader Rekt Capital has updated the Bitcoin market cycle chart on X, claiming that the "danger zone" during the asset correction after the halving event has ended. Rekt added that Bitcoin is celebrating a good rebound from the low support level of the re-accumulation range. In the previous market cycle, the "danger zone" period before and after the halving event occurred, during which the asset retreated on both sides of the event.

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