It's no news right now, Bitcoin has been on the rise since Trump won the elections. The long awaited bull run is here but this feels a bit different for me.
Bull run seasons are normal in crypto market but for this season, most people even the non crypto prediction experts like myself predicted this would happen and it happened exactly so.
People are saying that Bitcoin entered a parabolic phase. What exactly does that term mean you might ask. BTC entering a parabolic phase basically means its price could skyrocket for weeks.
An analyst, Rekt Capital, claims that we’re only getting started with Bitcoin's rise in value. I shared a couple of threads about Bitcoin's rise and the response I got from those threads made me realize just how bullish everyone is.
I actually thought this was just a temporary pump because Trump became president but now I'm forced to think it might just last all year in 2025.
The analyst claims that Bitcoin might peak around mid-September to mid-October 2025. So that means we've got about 40 weeks to see the highest level Bitcoin will reach with this parabolic phase.
I watched Bitcoin hit nearly $93,500 this week so now I believe anything is possible for this crypto. Years ago, I ignored it when a friend told me about buying Bitcoin which was at over a $1000. Who knew it would ever climb this high?
But according to experts, this is the final phase of the Bitcoin cycle. If they’re right, we’ve got months of growth ahead of us. So the question is what happens after? Will it crash like before or will it soar higher because of scarcity?
But there's still a big hype around BTC so I wonder if now's the time to jump in but hey if not now when right?
Posted Using InLeo Alpha
