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Market Expert Suggests Bitcoin Typically Has 385 Days of Uptrend, But Currently in Week 2

Author: Content Editor
According to a market analyst, the recent Bitcoin rally, fueled by positive political outcomes in the U.S., has the potential to reach even higher levels. Bitcoin reached a new all-time high of $76,481 following the election, and since then, its price has continued to climb, surpassing $90,000. The analyst suggests that Bitcoin is only in the second week of a "parabolic upside" phase, which historically lasts up to 385 days, indicating there may still be significant room for further gains. Historical data and charts support this analysis, showing previous bullish cycles lasting several hundred days. If these projections materialize, this could be the beginning of a massive rally that may last well into 2025. Other market veterans also believe the rally is in its early stages and expect further upside potential.

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