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Why Bitcoin Could See a Parabolic Rise: Stockmoney Lizards

王林
Release: 2024-07-27 21:50:10
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Stockmoney Lizards recently shared their perspective on why the current Bitcoin cycle could go parabolic, providing key reasons.

Why Bitcoin Could See a Parabolic Rise: Stockmoney Lizards

Crypto analyst Stockmoney Lizards recently shared their perspective on why the current Bitcoin cycle could go parabolic, providing key reasons. They highlight the effect of the recent halving, which has reduced Bitcoin’s issuance and decreased the available supply on exchanges. This scarcity could drive up the price as demand increases.

Amidst the market recovery, crypto analyst Stockmoney Lizards is making bold predictions, foreseeing Bitcoin’s value soaring to $300,000 by 2025. This optimism is fueled by expectations of a correction towards the end of summer, setting the stage for Bitcoin’s upward journey. Moreover, anticipating FED’s rate cuts in September adds to the bullish outlook, as rate cuts could boost Bitcoin’s adoption.

Here’s Why Bitcoin could see a parabolic rise

In a recent X post, Stockmoney Lizards unveiled an encouraging roadmap for Bitcoin’s future, suggesting significant growth potential in the coming years.

7. Bitcoin cylce repeat(1) – All time high (2) – Correction and Bear market rally (3) – Bear market (4) – Bear market bottom (5) – Uptrend and consolidation (8) – New All time high These time zones are based on the Fibonacci sequence, a mathematical series where… pic.twitter.com/GXgV3yxCpd

ETFs & Elections Signals Change in On the Way!

According to the analyst, One major factor is scarcity; with the recent halving in April, the supply of newly mined Bitcoin has decreased significantly, reducing availability on exchanges and potentially driving up prices. Bitcoin ETFs have seen over $1 billion in inflows this month alone, signaling strong demand that is expected to grow even more. BlackRock has indicated that the big institutional money is still in the process of entering the market.

The upcoming U.S. elections could also play a crucial role. If Trump wins, his pro-crypto stance could positively impact Bitcoin, as seen with his active participation in Bitcoin2024.

The Stock-to-Flow model, a key price predictor, suggests Bitcoin could exceed $300k by 2025, emphasizing its potential for high future value.

Historically Possible?

Moreover, the global liquidity cycle, expected to peak in 2025, aligns with Bitcoin’s anticipated price surge. Historical Bitcoin cycles, analyzed through Fibonacci time zones, also indicate a pattern of highs and corrections, supporting the idea of an upcoming peak.

Crypto Adoption & Lighting Network

Increased real-world crypto adoption, particularly through potential systems like Elon Musk’s X app, could drive Bitcoin’s growth. The Bitcoin network itself has shown remarkable resilience and growth, having processed $110 trillion in transactions to date, with the Lightning network enhancing its performance.

Technical Analysis

Lastly, the analyst argues that their technical analysis model, despite being different from the Stock-to-Flow model, still supports the prediction of a parabolic Bitcoin bull run. They believe their formula can reliably predict future trends.

Combining these factors, Stockmoney Lizards presents a compelling case for why Bitcoin could experience a dramatic price surge soon. This projection reflects the growing enthusiasm and interest in crypto, indicating potential growth and market trends that could shape Bitcoin’s path.

As we navigate the twists and turns of Bitcoin’s journey, Stockmoney Lizards serves as our guide. Will Bitcoin hit the predicted $300,000 post-election? Only time will tell

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