👀👀Bitcoin in a 300-Day Continuous Rise: How Many Days Left? 👀👀

Famous trader Rekt Capital estimated that Bitcoin has entered a parabolic phase and that this process could last about 300 days. He also noted that Ethereum could make a significant rise in the short term.$BTC

The analyst, who has a wide following in the crypto world, offered a positive view after Bitcoin's double-digit rally in the last month. Rekt Capital stated in a statement on the X platform that Bitcoin only started its parabolic phase in this cycle.

Rekt Capital stated that Bitcoin remained in the parabolic phase for an average of 300 days in each cycle, and drew attention to the fact that Bitcoin is currently only on the 16th day of its parabolic phase. Currently, Bitcoin is trading at $97,465 and has gained about 45% in the last 30 days.

Based on past price movements, the analyst also commented on when the correction period could begin. Rekt Capital reminded that in the 2017 cycle, Bitcoin experienced a deep pullback after price discovery and this process lasted about 8 weeks, and in the 2020/2021 cycle, Bitcoin rose for four weeks after price discovery, but then experienced a major correction. Currently, he made the following assessment: “We are only in the middle of the third week.”

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