Rekt Capital: Bitcoin price is expected to rise in September

Anonymous cryptocurrency trader Rekt Capital posted on platform X, predicting that the price of Bitcoin will rise in September. Rekt explained that although Bitcoin failed to break through the accumulation period after falling by half during the April market within 100 days - a period where buyers accumulate in anticipation of further price increases - such breakthroughs are "always somewhat unlikely". Some traders believe that it is more likely for Bitcoin to surpass $100,000 in 2025 rather than as some people predict in 2024.