Bitcoin’s Last Rocket Ride? Analyst Predicts Final Parabolic Spike as Economy Stumbles
Brace for liftoff—or the mother of all bull traps. One analyst claims Bitcoin’s gearing up for its final hyperbolic price surge, citing crumbling traditional markets as the catalyst.
When the Fed’s monetary bandaids fail, crypto’s barbarous relic shines. This isn’t financial advice—just observe how quickly ’digital gold’ narratives resurface every time Wall Street coughs.
Warning: Past performance guarantees exactly nothing in this casino. But hey, at least it’s more entertaining than watching hedge funds rediscover risk management.
Fed Pivot May Trigger Massive bitcoin Rally, Warns Expert
In Jack’s view, Bitcoin could experience a similar pattern: a short dip followed by a sharp rise.
Gold, for instance, fell nearly 15% in March 2020, only to rebound with a 43% gain in just five months.
For Bitcoin to avoid further correction, Jack points out that it must maintain a price above $93,000. If it falls below this threshold, he predicts a potential downward movement could follow.
