{"id":142923,"date":"2024-11-22T12:36:04","date_gmt":"2024-11-22T10:36:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142923"},"modified":"2024-11-22T12:36:04","modified_gmt":"2024-11-22T10:36:04","slug":"bitcoins-parabolic-run-could-this-be-just-the-beginning","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-parabolic-run-could-this-be-just-the-beginning\/","title":{"rendered":"Bitcoin\u2019s Parabolic Run: Could This Be Just the Beginning?"},"content":{"rendered":"
Rekt Capital says<\/a> <\/strong>that Bitcoin<\/a> <\/strong>is entering the early stages of what he describes as a “parabolic phase” in its price cycle. Historically, this phase tends to last around 300 days, indicating that Bitcoin\u2019s current rally might still have significant room to grow.<\/p>\n Rekt Capital notes that Bitcoin\u2019s parabolic movement has just begun, marking only 16 days into the cycle so far. The cryptocurrency’s value currently stands at $97,465, reflecting an impressive 45% surge over the last 30 days.<\/p>\n Drawing comparisons to previous bull cycles, he highlights that in 2017, Bitcoin advanced for eight weeks before experiencing a notable correction. Similarly, in the 2020-2021 cycle, it took four weeks of upward momentum before a pullback occurred. By this measure, the current cycle remains early, with just three weeks of gains recorded so far.<\/p>\n