Bitcoin Enters Final Phase of Halving Cycle: Parabolic Uptrend Expected
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- Bitcoin’s breakout from the re-accumulation phase signals the start of its parabolic growth cycle, historically lasting a year.
- Institutional interest in Bitcoin surges as exchange balances shrink, indicating strong investor confidence and reduced selling pressure.
- Analysts predict Bitcoin could peak at $84K by December 2024, driven by historical post-halving trends and robust market dynamics.
According to an analysis by Rekt Capital, Bitcoin (BTC) has entered the final phase of its halving cycle. Bitcoin recently broke out of its re-accumulation range, signaling an imminent transition into a parabolic uptrend. Historically, this phase has driven Bitcoin’s most significant price gains, typically lasting over a year.
Bitcoin Halving and Market Phases
Rekt Capital outlines three distinct phas…
The post Bitcoin Enters Final Phase of Halving Cycle: Parabolic Uptrend Expected appeared first on Coin Edition.
Bitcoin Enters Final Phase of Halving Cycle: Parabolic Uptrend Expected
Share:
- Bitcoin’s breakout from the re-accumulation phase signals the start of its parabolic growth cycle, historically lasting a year.
- Institutional interest in Bitcoin surges as exchange balances shrink, indicating strong investor confidence and reduced selling pressure.
- Analysts predict Bitcoin could peak at $84K by December 2024, driven by historical post-halving trends and robust market dynamics.
According to an analysis by Rekt Capital, Bitcoin (BTC) has entered the final phase of its halving cycle. Bitcoin recently broke out of its re-accumulation range, signaling an imminent transition into a parabolic uptrend. Historically, this phase has driven Bitcoin’s most significant price gains, typically lasting over a year.
Bitcoin Halving and Market Phases
Rekt Capital outlines three distinct phas…
The post Bitcoin Enters Final Phase of Halving Cycle: Parabolic Uptrend Expected appeared first on Coin Edition.








