Bitcoin is in the Consolidation Phase and Preparing for a Major Rally

Rekt Capital, a crypto analyst, stated that Bitcoin is in the final accumulation stages leading up to the block reward halving and is expected to see a major rally following this period. Sharing his views with followers on his YouTube channel, the analyst evaluated Bitcoin’s current movements and potential future. Accumulation Phase and Price Range Bitcoin is currently trading in a specific price range, offering investors opportunities for buying. According to Rekt Capital, at this stage, Bitcoin could fluctuate in a range between 60,000 and 70,000 dollars, with the 60,000 dollar levels being seen as a potential bottom. Block Reward Halving and Parabolic Rally Pointing to the expected parabolic rally following the block reward halving, the analyst emphasizes that every dip in the Bitcoin price presents a buying opportunity for investors. It is stated that this parabolic rally could occur in weeks or months and could provide significant gains to […]

Bitcoin is in the Consolidation Phase and Preparing for a Major Rally

Rekt Capital, a crypto analyst, stated that Bitcoin is in the final accumulation stages leading up to the block reward halving and is expected to see a major rally following this period. Sharing his views with followers on his YouTube channel, the analyst evaluated Bitcoin’s current movements and potential future.

Accumulation Phase and Price Range

Bitcoin is currently trading in a specific price range, offering investors opportunities for buying. According to Rekt Capital, at this stage, Bitcoin could fluctuate in a range between 60,000 and 70,000 dollars, with the 60,000 dollar levels being seen as a potential bottom.

Block Reward Halving and Parabolic Rally

Pointing to the expected parabolic rally following the block reward halving, the analyst emphasizes that every dip in the Bitcoin price presents a buying opportunity for investors. It is stated that this parabolic rally could occur in weeks or months and could provide significant gains to investors.

Useful Information for the Reader

Bitcoin is currently in another accumulation phase and preparing for a major rally.
In the range of 60,000 to 70,000 dollars, Bitcoin offers accumulation opportunities for investors.
A parabolic rally is expected after the block reward halving.
Every price dip could be seen as a buying opportunity before rising to all-time highs.

According to the analyst’s views, Bitcoin’s future movements contain important signals that could guide investors’ buying and selling decisions. At the time of writing, Bitcoin is trading at 68,154 dollars, continuing to attract investors’ attention.

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