Parabolic

Bitcoin

Impact

Gains

<ul class="wp-block-list">
  
 <li>Bitcoin has broken out of its re-accumulation range, potentially signaling the start of its parabolic growth phase.</li>   
 <li>Historically, Bitcoin’s parabolic phase lasts around a year, often showing rapid price acceleration in this period.</li>   
 <li>The post-halving cycle’s parabolic phase could draw significant market interest, driven by Bitcoin’s reduced supply and increased demand.</li> 
</ul>   
<p>Bitcoin could be about to enter the stage of its <a href="https://cryptonewsland.com/aftermath-of-btc-halving-2024-effects-on-investors-miners-and-market-prices/" target="_blank" rel="noreferrer noopener">halving</a> cycle where market analysts expect a shift from an exponential growth stage. According to market analysts, halving is about to usher in the parabolic phase in which prices increase at an even faster pace, within the next one-year or so period.</p>   
<h2 class="wp-block-heading" id="h-re-accumulation-range-and-the-parabolic-phase">Re-Accumulation Range and the Parabolic Phase</h2>   
<p>The last breakout from the re-accumulation range, shown in red on the chart, represents a significant phase in Bitcoin’s usual post halving pattern. This range gives a signal of price consolidation since investors gather the asset in a particular zone of an established range. Blasting past this level has been the signal for further surge in most previous cycles suggesting the digital asset is getting ready to scale higher in the future.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/rektcapital/status/1855252010880168432 
 </div>
</figure>   
<p>The period of the Bitcoin prices coloured green on the graph above is referred to as the ‘parabolic phase’ and is usually characterized by sharp stepping up of the prices. Past information shows that during this stage, there is accelerated progress in the growth of <a href="https://cryptonewsland.com/bitcoin-btc-sets-another-new-ath-at-77252-75/" target="_blank" rel="noreferrer noopener">Bitcoin </a>and more market demand than in the previous phase, in addition, the minimum supply effect comes into play as a result of the halving.&nbsp;</p>   
<p>This period has typically taken about one year in previous cycles, but actual periods might be of any length. Now, using current GT’s breakout to confirm that this is the case, which during past cycles post-halving have followed similar parabolic paths.</p>   
<h2 class="wp-block-heading" id="h-impact-of-the-halving-cycle-on-market-sentiment">Impact of the Halving Cycle on Market Sentiment</h2>   
<p>Investors’ feeling is influenced by the four-year halving cycle of Bitcoin that affects the mining incentive and the increase of new bitcoins. This element of contraction enlarges the public’s demand and tends to raise prices in the terminal phases of each cycle.&nbsp;</p>   
<p>If it stays consistent with the historical generally, the subsequent parabolic phase will attract significant attention from both the small investors and organizations, thus sealing the phenomenon of the market’s advance.</p> 
<p>The post <a href="https://cryptonewsland.com/halving-cycle-insight-bitcoin-poised-for-parabolic-gains-after-breaking-out/">Halving Cycle Insight: Bitcoin Poised for Parabolic Gains After Breaking Out</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Halving Cycle Insight: Bitcoin Poised for Parabolic Gains After Breaking Out

Table of Contents

Crypto News Land

Other articles published on Nov 9, 2024

Will the Rise in Bitcoin Continue After the Record? Analyst Said “Record Adjusted for Inflation H...

SEC’s Crypto Enforcement Faces Change with Trump’s Leadership Shift

Ethereum Investors Anticipate Price Movements Towards Significant Milestones

Founder of Bitcoin Fog crypto mixer sentenced to 12.5 years in jail

Tether Completes First Oil Deal in Middle East

After $20M SHIB Profit on Binance, This Whale Invests Heavily in XYZVerse – What’s the Rationale?

Join our free newsletter for daily crypto updates!