The Daily Hodl 2025-04-16 14:30:25

‘This Is a Blip’: Crypto Analyst Says Bitcoin’s Parabolic Ascension Is Still on Track – Here’s His Outlook

A widely followed analyst and trader is leaning bullish on Bitcoin ( BTC ) as the flagship crypto asset hovers around 21% below its all-time high. The analyst pseudonymously known as Rekt Capital tells his 108,000 YouTube subscribers that Bitcoin’s banana zone, a period when BTC experiences rapid and explosive growth, is still on course. According to the analyst, the correction that Bitcoin has recently undergone is temporary. “ This is a blip within that banana zone that’s going to see us go higher into an additional uptrend continuation.” According to Rekt Capital, the correction Bitcoin has undergone is not out of the ordinary. “ What happens with Bitcoin’s price action when it breaks to new all-time highs is yes we do see a parabolic ascension to those new all-time highs. But sometimes when we break to new all-time highs it can get a little bit bumpy like we saw in 2017, for example. And even in this period, we also saw a little bit of a bumpy ride just before new all-time highs. And in this cycle in the pre-halving period, we saw a six-to-seven-month corrective period after we actually rallied to new all-time highs… Same here in 2013, bumpy in and around the old all-time high region.” As for what will come next for Bitcoin once the parabolic uptrend resumes, the pseudonymous analyst says, “Once this corrective phase ends, we’ll see another expansion phase price discovery number two. And then that second price discovery correction number two as well. And after that correction ends, we will see that final uptrend into a new all-time high into probably the bull market peak.” Bitcoin is trading at $85,773 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post ‘This Is a Blip’: Crypto Analyst Says Bitcoin’s Parabolic Ascension Is Still on Track – Here’s His Outlook appeared first on The Daily Hodl .

La maggior parte ha letto le notizie

Significant Milestone: Metaplanet Joins OTCQX...
2025-04-22
Urgent: Student Visa Revocation Crisis Grips...
2025-04-22
Bitcoin’s Recent Surge Signals Potential Mark...
2025-04-22
Paul Atkins Sworn in as SEC Chairman: Could a...
2025-04-22
Movement Network Foundation Takes Action Agai...
2025-04-22
Explosive Crypto ETF Wave: 72 Landmark SEC De...
2025-04-22
Dogecoin Faces Bearish Sentiment Amid Decreas...
2025-04-22
Klaus Schwab Steps Down as World Economic For...
2025-04-22

https://www.digistore24.com/redir/325658/ceobig/

Notizie correlate

Vitalik Buterin Proposes a Major Shift to RISC-V A...
22 Apr 2025
Jaw-Dropping $459M Bitcoin Gain: Michael Saylor’s...
22 Apr 2025
SOLANA and BITCOIN Investors Are Piling Into MAGAC...
22 Apr 2025
Galaxy Digital Shifts 5,000 ETH to Binance: Weekly...
22 Apr 2025
Paul Atkins Sworn In as SEC Chair: Potential for C...
22 Apr 2025
Cardano Breaks Out Of Triangle—27% Surge Incoming?
22 Apr 2025

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta