Thus, a transition period between the re-accumulation phase and the parabolic phase remains for a few days, which could lead to a breakout phase.
However, this analyst stated that #bitcoin could fall by single-digit percentage points before the breakout.
From a technical perspective, we have yet to see a full confirmation of this fact, as we could see some decline to $60,600 to retest the lows of the re-accumulation range as new support. But that is exactly what is needed for prices to vary and eventually return to the highs of the re-accumulation range [around $73,800] and a potential breakout.
Rekt Capital believes that if history repeats itself, bitcoin's parabolic period will likely peak in late 2025.
Whenever we break the territory of an old all-time high [after the 2012 drop], it takes 273 days from the breakout..... 250 days [after the drop in 2016] to finally peak in the ballooning market, and 329 days in 2021.
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