{"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":"<p>Rekt Capital <strong><a href=\"https:\/\/x.com\/rektcapital\/status\/1859549786778607742\">says<\/a> <\/strong>that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>is entering the early stages of what he describes as a &#8220;parabolic phase&#8221; 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<p>Rekt Capital notes that Bitcoin\u2019s parabolic movement has just begun, marking only 16 days into the cycle so far. The cryptocurrency&#8217;s value currently stands at $97,465, reflecting an impressive 45% surge over the last 30 days.<\/p>\n<p>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<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/charles-schwab-to-offer-clients-direct-access-to-crypto-amid-regulatory-changes\/\" title=\"Charles Schwab to Offer Clients Direct Access to Crypto Amid Regulatory Changes\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/charles-schwab-td-ameritrade-bitcoin-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Charles Schwab to Offer Clients Direct Access to Crypto Amid Regulatory Changes<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The trader also cautions that Bitcoin&#8217;s ultimate peak could be unpredictable, likely occurring when market participants least expect it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent market analyst is optimistic about Bitcoin&#8217;s future, following its substantial gains over the past month.<\/p>\n","protected":false},"author":7,"featured_media":132626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-142923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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