BITCOIN ULTIMATE PARABOLIC CURVE CHART | Insane $181,267 Target!
2024-09-26

🟢 Hello, fellow traders! I’m excited to share an update on  Bitcoin price prediction  and the potential implications of the Parabolic Curve pattern we witnessing at the moment!

Today, let’s dive into the Parabolic Curve as Bitcoin approached the end point of Base 4. Understanding this pattern can help us evaluate future trading opportunities.

The  Parabolic Curve  often surfaces near the culmination of major market surges, marking the end result of multiple base formation breaks. This pattern is typically seen in growth assets with innovative technology or visionary leadership — Bitcoin is a prime example.


Last year, at the pivotal point of  Base 3 , indicated by the  "X"  on the chart at  $25,700 , Bitcoin doubled in a remarkably short timeframe. 

The hallmark of this pattern was its staircase-like formation, where the price created short-term bases before catapulting to new highs, repeating this cycle multiple times during its ascent.



In my analysis using  Fibonacci tools  and  Elliott Waves , I've observed that:
 
 Base 4  in the range between the  $72,759  resistance and  $55,257 support , with lowest spike at  $49,000 .
 The  anticipated sell zone  for the parabolic move was positioned between  $149,175  and  $181,267 .
 

This parabolic curve, reminiscent of a rocket's trajectory, has demonstrated significant persistence.  However, as we saw, caution is a key as this pattern near completion; rapid upward momentum can conclude abruptly, resulting in price declines that outpace previous gains. 


 What are your thoughts on Bitcoin's recent movements? Did you spot the Parabolic Curve unfolding as anticipated? Share your insights in the comments below — I’d love to hear your perspective! 


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