Bitcoin Breaking $117,000 Could Trigger Parabolic Rally – Analyst
It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci....
Related News
XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.23 before rallying to the top of its multi-year trading range around $0.30. […]
Bitcoin price has been in a strong uptrend since Black Thursday that turned fully parabolic in Q4, resulting in a new all-time high. But according to an analyst, the first-ever cryptocurrency is close to a breakdown of a parabolic curve that’s been supporting the upwards momentum for months. Is this the end of the uptrend? […]
Crypto analyst DOGECAPITAL has predicted that the Dogecoin price could rally above $10. He revealed that the foremost meme coin needs to have a decisive break above a particular level for it to record this parabolic run to the upside. Dogecoin Price Eyes Rally To $10 Based On Cycle 3 Expectations In an X post, DOGECAPITAL indicated that the Dogecoin price could rally to $10 based on historical cycle patterns. He noted that in Cycle 3, which is the current cycle, DOGE has already crossed critical price levels and is now approaching the $0.30 range again. The analyst claimed that if the....
Dogecoin (DOGE) is consolidating below a critical resistance at $0.43, a price point that has captured the attention of traders and analysts alike. This key level, acting as a significant hurdle, is widely seen as the launchpad for a potential parabolic rally. If DOGE manages to break above this barrier, it could enter uncharted territory and achieve new all-time highs. Related Reading: Shiba Inu Could Increase 75% If It Holds Current Level – Analyst Shares Price Target Renowned crypto analyst Ali Martinez recently shared a detailed technical and macro analysis on X, highlighting....
Several recent bullish predictions from seasoned crypto analysts imply that Bitcoin might undergo another massive rally in the upcoming days, which may trigger a move to unprecedented levels. This anticipated move suggests a transformative period for the largest crypto asset as the general market sentiment improves. Bitcoin’s Dynamics Points To A Parabolic Path Considering current […]