Analyst sets the blueprint for Bitcoin’s next ‘parabolic rally’
Bitcoin (BTC) has surged 7% over the last two weeks, rallying from $59,400 to $69,300. This sharp recovery has reignited market optimism, with an analyst identifying several key factors suggesting a potential bullish breakout for Bitcoin. With the U.S. Presidential election just two weeks away, traders and analysts are closely watching how key events, such as the election and historical price cycles, might trigger Bitcoin’s next significant move. Notably, an Analysis by TradingShot leverages the Mayer Multiple Band, with Bitcoin hinting at a possible bullish breakout that aligns closely with its established four-year cycle pattern. Picks for you Gold is now most overbought in 5 years; Is it time to sell? 59 mins ago VALR launches Fu...