Key Points:
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Bitcoin enjoys six weeks of the latest “Rises in Price Discovery” but has been paid for revisions.
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Analysis shows that in the previous half cycles, BTC prices tend to halt the second uptrend after 5-7 weeks.
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Now the new DIP allows for the highest ever high in Q4.
Bitcoin (BTC) could begin its last week of its latest “Price Discovery Uptrend” on Monday, with prices below $120,000.
A new discovery released on Sunday by popular trader and analyst Rekt Capital shows that BTC prices are running out of time to create new highs.
Bitcoin hits the classic “Price Discovery Correction” zone
Bitcoin risks staying at its most recent $124,500 history if it follows a historic pattern.
In an X-follower update on Bull Market’s progress, Rekt Capital said Bitcoin is about to commence its seventh week of its second “upward trend in price discovery” since half of 2024.
With each harving event, the subsequent bull markets include such a series of upward trends, each with corrections. The timing of each phase of Bitcoin’s entire lifespan is roughly similar.
“Historically, Bitcoin’s price discovery uptrend 1 tends to end between the sixth and eight weeks of that uptrend, while in price discovery uptrend 2, Bitcoin tends to end the uptrend between the fifth and seven weeks,” Rekt Capital summed up.
“Week 7 of Price Discovery Up Trend 2 will start tomorrow.”
The linked chart earlier this year shows potential upward targets for the second uptrend under $160,000.
“But if we think critically about the revision of previous price discoveries throughout the cycle… only one of them started in week 8 (2017), only one of them started in week 6 (2021), and two of them started in July (2013 and 2025).
In 2025, Bitcoin’s first corrective phase kept the price down from nearly $110,000 to less than $75,000.
Best new BTC price ever in the fourth quarter?
Continuingly, fellow trader Daan Crypto Trades noted that BTC/USD still doesn’t offer a “green” August and September back-to-back.
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However, dips can form an excuse for a bigger cycle top to head towards the end of the year.
“We tend to see a quick flash that has been followed by an explosive Q4 in most years at Bull Market,” part of the X post said on Sunday.
“In the next one or two months, a big flash will be welcome and could be the last big dip in the end of the year rally.
Data from monitoring resource Coinglass shows a 2.1% increase in BTC/USD in August, already slightly above the average of 1.8%. In contrast, September offered an average price drawdown of 3.8%.
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
