Published 08/11/2024 4:43:47 p.m.

Bitcoin third ‘parabolic advance’ in progress; Is $250,000 next?

Summary by Finbold

After Bitcoin (BTC) reached an all-time high of over $73,000, investors are anticipating a possible resurgence in the rally as they aim for the coveted $100,000 mark. In this context, a crypto analyst has noted that Bitcoin is currently undergoing its third parabolic advance—a pattern that has historically led to significant price surges. According to an analysis shared by Titan of Crypto in a post on X on August 11, this parabolic advance could…

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Bitcoin third ‘parabolic advance’ in progress; Is $250,000 next?

After Bitcoin (BTC) reached an all-time high of over $73,000, investors are anticipating a possible resurgence in the rally as they aim for the coveted $100,000 mark. In this context, a crypto analyst has noted that Bitcoin is currently undergoing its third parabolic advance—a pattern that has historically led to significant price surges. According to an analysis shared by Titan of Crypto in a post on X on August 11, this parabolic advance could…

08/11/2024 4:43:47 p.m.

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