Posted 4/6/2024, 7:04:40 AM
Bitcoin Poised for Major Rally After Final Bargain Buying Phase, Predicts Analyst
- Bitcoin is in the final "reaccumulation" and "pre-halving retracement" phases before a major rally, according to analyst Rekt Capital
- These pre-rally phases offer the last "bargain buying opportunities" before Bitcoin sees parabolic growth
- Bitcoin's reaccumulation range is likely between $60,000 and $70,000 based on recent price action
- The eventual upside parabolic phase should occur weeks or months after the reaccumulation
- Rekt Capital sees Bitcoin reaching new all-time highs in the post-halving parabolic rally