Has Bitcoin Entered A New Parabolic Phase?
After a month of intense downward correction, the Bitcoin price action is gaining momentum and is currently trading at $10,528. $10K is a key psychological price level for the cryptocurrency and it has finally started ascending towards the next resistance at $10,800. Crypto analysts are predicting that Bitcoin’s recent upwards movement may be an early stage of its next parabolic phase. According to Peter Brandt, a crypto expert and prominent analyst, this parabolic phase could lead the price significantly past its previously established all-time highs. Since August 30, 2019, Bitcoin price has been hitting a new high every day. It…





