BTC is set for a parabolic push, leading to a blow-off top rally reminiscent of 2017. ALTs will follow. This rally will surpass previous ones, fueled by a global race among nations to acquire BTC. The dominant narrative will be: Get in before governments do. It will be an all-out sprint, but once the cycle top is reached, the true bear market will begin.
Predicting BTC’s final parabolic target is tough, but $130K seems like a reasonable estimate for now. I’ll reassess as we approach that level. Prepare yourself mentally.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.