Bitcoin last reached its ATH in mid-August and has been trending downward ever since. However, while Bitcoin's recent recovery to $117,000 has fueled bullish rhetoric, many investors are wondering how BTC will perform, especially after recent price movements. Analyst Rekt Capital, one of the leading figures in the crypto community, has made an impressive prediction. We're in the Final Stage of the Bitcoin Bull Run! At this point, Rekt Capital claimed in its latest video that Bitcoin has entered the final phase of the bull market. The analyst said that BTC is currently holding at the $114,000 support level, which signals the end of the correction phase and a final uptrend towards a new all-time high. However, after reaching a new high, a gradual transition to a bear market may begin in the fourth quarter, according to the analyst. “We are in the final stages of this bull market. But first, we will slowly exit this correction period and gradually transition into the recent uptrend towards all-time highs. Then it looks like we'll slowly but surely descend into a bear market.” What is the Latest Situation in Ethereum and Solana? Apart from Bitcoin, Rekt Capital also shared its predictions for Ethereum (ETH) and Solana (SOL). Accordingly, the analyst noted that Ethereum needs to turn the resistance at $4,613 into support for it to reach the new ATH. Rekt Capital recently noted that Solana is holding its key support levels and showing bullish signals. The analyst added that historically, breaking above key resistance levels for SOL has typically led to a price increase for SOL. *This is not investment advice. Continue Reading: Popular Analyst Says "We're in the Final Stage of the Bitcoin Bull Run!", Shares Ethereum (ETH) and Solana (SOL) Expectations!
