Rekt Capital, an anonymous cryptocurrency trader, said in a post on the X platform that the price of bitcoin is expected to rise in September. Rekt explained that while bitcoin failed to break out of the re-accumulation range in the 100 days after the bitcoin market fell by half in April, a period when buyers accumulated in anticipation of more price increases, such a break was "always unlikely". Some traders believe that bitcoin is more likely to break through the 100,000 dollar mark in 2025, rather than 2024, as some predict.