Bitcoin’s Next “Price Discovery Correction” You could see it around the corner

Important points

• Bitcoin’s latest six weeks have been a great success “price discovery uptrend” — but a correction is now due.

• The analysis shows that, in the past halving cycle, BTC tends to stop its second upward trend after about five or seven weeks.

• Even if the market dips again, Q4 could still see new all-time records.

BitcoinBTCThe last week in a year may be the start of ). “price discovery uptrend” The price of the car was below $120,000 on Monday.

Recent findings released Sunday Rekt capital, a popular analyst and trader, shows that the BTC price has run out of time for new highs.

Bitcoin is a classic “price discovery correction” zone

Bitcoin may not be able to maintain its current value $124,500 all-time high in place — if it follows historical patterns.

Rekt Capital, in an update to X subscribers on the bull market’s progress, noted that Bitcoin was about to enter its seventh week. “price discovery uptrend” It is a good idea to use the term “since its” 2024 halving.

The bull market that follows each event of halving is characterized by an uptrend, followed by corrections. The phases of Bitcoin have been closely synchronized.

“Historically, Bitcoin Price Discovery Uptrend 1 tends to end between Week 6 & 8 of its uptrend. Whereas in Price Discovery Uptrend 2, Bitcoin tends to end its uptrend between Week 5 & 7,” Rekt Capital summarized.

“Week 7 of Price Discovery Uptrend 2 begins tomorrow.”

An earlier chart shows that a second upward trend could have a target of just under $160,000.

“But if we think critically about previous Price Discovery Corrections across the cycles… Then only one of them started in Week 8 (2017), one of them started in Week 6 (2021) and and two of them started in Week 7 (2013 and 2025),” The aforementioned newsletter On the subject observed in July. 

In 2025, Bitcoin’s first corrective phase took the price from near $110,000 to under $75,000 — a roughly 30% drawdown It was not unusual in the past halving cycle.

The price of BTC has reached a new all-time peak in Q4?

Daan Crypto Trades, a fellow trader, noted that BTC/USD had not yet been delivered. “green” August and Septembrem back to back.

Related: Ether unstaking queue hits $3.8B: What does it mean for ETH price?

A dip in the cycle could be the precursor to a bigger top at the end of the calendar year.

“We tend to see a quick flush followed by an explosive Q4 in most of the bull market years,” Part of an X post The Sunday after Easter is known as the “Sunday before Easter”. 

“Any larger flushes in the next 1-2 months would be welcomed and could very well be the last larger dip for the Q4 end of the year rally which we see so often. If not, that’s fine too but I think it would pull forward a bigger high timeframe top as well.”

Monitoring resource data CoinGlass BTC/USD is up by 2.1%, which is slightly higher than the average of 1.8%. In contrast, September has seen an average price decline of 3.8%.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.