Cryptocurrency enthusiasts and investors alike have been closely following the recent developments in the industry and expecting that Bitcoin is readying for a parabolic jump. Recent data has driven up the aSOPR index, which, historically, has caused massive increases in Bitcoin's price. During 2015, 2019, and 2020, it drove monolithic rallies of 6,110%, 150%, and 579%, respectively. Furthermore, there are now over a million wallet holders of 1+ BTC, and Bitcoin closely seems to be following the predicted chart of renowned crypto analyst Michael van de Poppe. As one of the cryptocurrency's potential new rallies is becoming more tangible, Bitcoin's current price stands at $28,338, with 1.48% increase in the last 24 hours.
Victoria Lopez
- 2023-04-10
Bitcoin Readying for Parabolic Jump
Read about how the recent data in the cryptocurrency industry has driven up the aSOPR index and could potentially be readying for a parabolic jump. Learn about the 1+ million Bitcoin wallet holders and Bitcoin closely seeming to be following the predicted chart of renowned crypto analyst Michael van de Poppe.
![CandleFocus Bitcoin-Price-ParabolicJump-Cryptocurrency](https://images.candlefocus.com/Bitcoin-Readying-for-Parabolic-Jump.jpg)