Ethereum

bullish

Parabolic

Rekt (rektarb.xyz)

Rekt

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analysts-predict-bitcoins-parabolic-phase-will-last-300-days/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days</a><br></p>
<p style="text-align: justify">Bitcoin (BTC) has attracted attention with double-digit increases over the past month. Renowned analyst Rekt Capital noted that BTC has entered its parabolic phase. He mentioned that we are only on the 16th day of this process, which could continue for a while. Historical data-based analyses provide significant insights for traders.</p>
<h2 style="text-align: justify" id="bitcoin-s-parabolic-phase-it-could-last-300-days">Bitcoin’s Parabolic Phase: It Could Last 300 Days</h2>
<p style="text-align: justify">Rekt Capital emphasized that Bitcoin experiences a parabolic phase lasting approximately 300 days in every cycle. The analyst stated, “Bitcoin is currently at the beginning of the parabolic process,” predicting that this period will continue. Currently, Bitcoin’s price stands at $97,465, reflecting a 45% increase over the last 30 days.</p>
<p style="text-align: justify">The analyst also recalled correction movements from previous cycles. He pointed out that in 2017, BTC experienced an eight-week rise during its price discovery phase. In the 2020-2021 cycle, however, price discovery lasted only four weeks, creating varying expectations regarding the timing of potential corrections.</p>
<h2 style="text-align: justify" id="ethereum-breaks-bull-flag-sets-new-targets">Ethereum Breaks Bull Flag, Sets New Targets</h2>
<p style="text-align: justify">Ethereum (ETH) , the second-largest <a href="https://en.coin-turk.com/scroll-defends-partnership-with-binance-against-community-criticism/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> by market capitalization, is also showing bullish signals. Rekt Capital mentioned, “Ethereum has broken out of its short-term bull flag,” suggesting that ETH could reach the $3,700 resistance level. Ethereum’s current price is $3,346, with a 28% increase over the past 30 days.</p>
<p style="text-align: justify">Rekt Capital also stated that Bitcoin will reach its peak unexpectedly. He expressed, “The macro peak will come when no one expects it.” These predictions are catching the attention of traders in the <a href="https://en.coin-turk.com/bittrex-boldly-challenges-secs-authority-over-crypto-classification/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/bitcoin-surges-over-90000-as-crypto-market-reacts-to-political-changes/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> market.</p>
<p style="text-align: justify">While this process is full of opportunities for traders, risks should not be overlooked. The current movements of Bitcoin and Ethereum once again prove the importance of digital assets. However, market fluctuations must be closely monitored. Data analysis plays a key role in defining strategies for long-term success.</p>
<p>The post <a href="https://en.coin-turk.com/analysts-predict-bitcoins-parabolic-phase-will-last-300-days/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days

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