Attention crypto enthusiasts! 🚀

Bitcoin (BTC) is consolidating just below its 2021 all-time high of $69,000. Independent trader Bob Loukas believes BTC is entering an “explosive” period of its four-year cycle.

- Loukas notes that Bitcoin is accumulating in a descending wedge and could enter a parabolic trend.

- Analysts at Santiment see growing institutional interest and optimism for a potential bull run in 2024.

What do you think? Leave us your comments!