A crypto analyst and trader believes that Bitcoin is approaching a parabolic rally and will experience steep price increases once it surpasses a key psychological level. The analyst predicts that Bitcoin will break the $100,000 barrier and potentially reach $130,000. Other experts also agree that Bitcoin is entering a new uptrend after surpassing the $70,000 resistance level. Currently, Bitcoin is trading at $88,133, up more than 10% in the last 24 hours.
- Content Editor ( dailyhodl.com )
- 2024-11-12
Parabolic Spike in the Cards for Bitcoin (BTC), Says Top Analyst – Here’s His Timeline