COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days
Bitcoin (BTC)

Analysts Predict Bitcoin’s Parabolic Phase Will Last 300 Days

In Brief

  • Bitcoin's recent performance indicates a potential parabolic phase.

  • Ethereum shows bullish signals, potentially reaching new price levels.

  • Traders should carefully monitor market fluctuations and analyze data.

Fatih Uçar
Fatih Uçar 6 months ago
Share
SHARE

Bitcoin (BTC) $105,360 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.

Contents
Bitcoin’s Parabolic Phase: It Could Last 300 DaysEthereum Breaks Bull Flag, Sets New Targets

Bitcoin’s Parabolic Phase: It Could Last 300 Days

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.

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.

Ethereum Breaks Bull Flag, Sets New Targets

Ethereum (ETH) $2,537, the second-largest cryptocurrency 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.

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 crypto market.

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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin’s Potential Surge Ignites Market Interest

Meta Platforms Decides Against Bitcoin Reserves in Shareholders’ Meeting

Expert Predicts Bitcoin’s Potential Paths: Expect Surprises

Spot Bitcoin ETFs Witness a Surprising Shift in Inflows and Outflows

Bitcoin’s Meteoric Rise Defies Market Doubts and Attracts Substantial Capital

Fatih Uçar 22 November, 2024 - 2:12 pm 22 November, 2024 - 2:12 pm
Share This Article
Facebook Twitter
Share
Previous Article Interchain Foundation Continues ETH Sales Impacting Cosmos Ecosystem
Next Article Dogecoin Gains Attention Through Predictions and Projects
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Michael Saylor Drives MicroStrategy’s Bitcoin Strategy with New Signals
Bitcoin News
Bitcoin’s Potential Surge Ignites Market Interest
Bitcoin (BTC)
Global Tensions Rock Crypto Markets: Predictions for XRP, Solana, and Shiba Coin
Technical Analysis
Ripple CEO Urges Unity Between Crypto Communities to Challenge Global Banking
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?