Bitcoin’s recent surge is seen by a popular crypto analyst as a shift from resistance to support. Rekt Capital, a pseudonymous trader, believes that BTC’s 2% jump in the past 24 hours could mark the end of a downtrend. The $60,000 price level was previously acting as a barrier, but Rekt Capital now sees it as a solid foundation. The analyst notes that BTC’s downtrend has been ongoing for a month, but breaking this trend could lead to an uptrend. Bitcoin has already recorded its first higher high since hitting a low of $56,000. Additionally, Rekt Capital predicts that BTC is on track to reach a peak in the next bull market cycle in the fall or winter of next year. Looking at previous cycles, Bitcoin reached its peak 518 days after the Halving in the 2015-2017 cycle and 546 days after the Halving in the 2019-2021 cycle. If history repeats itself, this suggests that Bitcoin could peak in mid-September or mid-October 2025. Currently, Bitcoin is accelerating in this cycle by approximately 200 days. The longer Bitcoin consolidates after the Halving, the better it will be for aligning with the traditional Halving cycle. At the time of writing, BTC is valued at $65,842, reflecting a 7% increase over the past week.