Bitcoin potentially entering its final parabolic phase
- this is an update of my last idea where I incorrectly predicted that we are about to correct into the moving averages
- with the announcement of MSTR buying additional BTC + various OTC deals going on by Fortune 500 companies fundamentally Bitcoin has never been more bullish
- market acceptance above 50k likely implies a fast move to 100k
- the final confirmation is acceptance above 57k - should that happen it is almost guaranteed BTC is in the last phase of its parabolic cycle
- possible market cycle top targets anywhere between 90 000 - 140 000$ per BTC
- with the announcement of MSTR buying additional BTC + various OTC deals going on by Fortune 500 companies fundamentally Bitcoin has never been more bullish
- market acceptance above 50k likely implies a fast move to 100k
- the final confirmation is acceptance above 57k - should that happen it is almost guaranteed BTC is in the last phase of its parabolic cycle
- possible market cycle top targets anywhere between 90 000 - 140 000$ per BTC