Posted 3/30/2024, 7:04:49 AM
Bitcoin Poised for Major Rally, Analysts Predict 'Final Bargain' Prices Before New Highs
- Bitcoin offering "final bargain" buying opportunities before expected parabolic rally upwards, says analyst
- Consolidation around $70K is just noise before greater move to new highs, which is matter of "when" not "if"
- Historically, parabolic upside comes after halving event and weeks/months after
- Parabolic upside may happen sooner this cycle due to spot BTC ETFs launched in January
- Once Bitcoin breaks past old highs, will enter price discovery and shortened pre-halving phase