Bitcoin can go ‘parabolic’ with BTC price weekly close above $71.5K — Analysis
Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes.
Bitcoin (BTC) will confirm its “parabolic phase” if BTC/USD delivers a weekly close above $71,500.
That is according to the popular trader and analyst Rekt Capital, who, in one of his latest X posts, called time on BTC price consolidation.
Bitcoin may have frustrated traders with nearly eight months of “re-accumulation” after March’s old all-time highs, but that reset may now fuel a raging bull run, Rekt Capital suggests.
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Author: William Suberg
