{"id":274436,"date":"2024-03-30T12:41:06","date_gmt":"2024-03-30T07:11:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=274436"},"modified":"2024-03-30T12:41:06","modified_gmt":"2024-03-30T07:11:06","slug":"bitcoin-offering-final-bargain-opportunities-before-parabolic-rally-erupts-says-trader-heres-the-timeline-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-offering-final-bargain-opportunities-before-parabolic-rally-erupts-says-trader-heres-the-timeline-crypto-news\/","title":{"rendered":"Bitcoin Offering \u2018Final Bargain\u2019 Opportunities Before Parabolic Rally Erupts, Says Trader \u2013 Here\u2019s the Timeline &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A closely followed analyst believes that Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) is now consolidating while gearing up for a parabolic move.<\/p>\n<p>In a new video update on YouTube, pseudonymous analyst Rekt Capital <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=5kjLp9yW4Y0\">tells<\/a> his 70,600 subscribers that Bitcoin\u2019s current value may not last for much longer as he expects the king crypto to soon soar to new all-time highs based on historical precedence.<\/p>\n<p><em>\u201cThis re-accumulation range at these highs [around $70,000] is just noise, preparing us for the greater move. <\/em><\/p>\n<p><em>And it\u2019s a matter of when rather than if, and it\u2019s also a matter of time, because the more we can consolidate here, the more opportunity for bargain buying we have before we inevitably embark on that fantastic move towards the upside. So any pulling back, any consolidation around here, those are the final bargain buying opportunities before we enter that parabolic upside. <\/em><\/p>\n<p><em>Historically, that parabolic upside should occur after the halving and multiple weeks or even a couple of months after the halving.\u201d<\/em><\/p>\n<figure id=\"attachment_281059\" aria-describedby=\"caption-attachment-281059\" style=\"width: 2264px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-281059\" class=\"wp-caption-text\">Source: Rekt Capital\/YouTube<\/figcaption><\/figure>\n<p>The trader also suggests that the parabolic upside that usually comes after Bitcoin\u2019s halving events could happen sooner than usual this cycle due to the impact of spot Bitcoin exchange-traded funds (ETFs), which launched in January. Bitcoin already reached a new all-time high this cycle sooner than the historic price patterns.<\/p>\n<p><em>\u201cOnce we break beyond these old all-time highs, we\u2019re going to enter price discovery and that parabolic upside which would really just considerably shorten the pre-halving phase, the re-accumulation phase, and take us to new all-time highs into a parabolic rally, which has never been done before and that is understandable because we are seeing the ETFs play into the price action.\u201d <\/em><\/p>\n<p>Bitcoin is trading for $69,983 at time of writing, down more than 1% in the last 24 hours.<\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin - Could It Really Be That Simple?\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/5kjLp9yW4Y0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: DALLE3<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A closely followed analyst believes that Bitcoin (BTC) is now consolidating while gearing up for a parabolic move. In a new video update on YouTube, pseudonymous analyst Rekt Capital tells his 70,600 subscribers that Bitcoin\u2019s current value may not last for much longer as he expects the king crypto to soon soar to new all-time [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":274437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-274436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/274436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=274436"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/274436\/revisions"}],"predecessor-version":[{"id":274443,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/274436\/revisions\/274443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/274437"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=274436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=274436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=274436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}