Rekt Capital: BTC has not yet reached its bear market bottom
July 03, 2026, 3:08 PM
Cryptocurrency analyst Rekt Capital has suggested that Bitcoin (BTC) may not have reached its bear market bottom yet. In a YouTube analysis, he noted that the current market resembles the 2022 bear market and exhibits characteristics seen in previous cycles. He explained that a macro downtrend following a breakout from a descending triangle pattern has historically led to extended corrections. Rekt Capital pointed out that while approximately 270 days have passed since the 2025 peak, previous cycles typically took around 365 days to establish a bear market low. He concluded that, compared to the 2022 cycle, the market is not yet close enough to a bottom, leaving room for further declines in both price and time.
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