Cryptocurrency

According to Real Vision Analyst, Bitcoin is approaching a parabolic forward phase following the halving.

Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic, based on historical precedent.
Bittel told his 69,400 followers on social media platform

“What we are currently seeing with Bitcoin price action is very common around actual halvings. There’s a big pump leading to the halving, followed by a short but sharp adjustment, a sideways period, and a final dump to nuke the remainder. Bullish sentiment, another phase of boring sideways trading, and eventually the price starts to rise again. It’s basically Boring Zone before Banana Zone. Be patient, friends.”
Source: Julien Bittel/X
Looking at his charts, the analyst suggested that Bitcoin could reach $240,000 by May 2025.
Bitcoin is trading at $64,876 at the time of writing and has risen slightly over the past 24 hours.
Next, Raoul Pal, CEO of Real Vision, told his one million followers on social media platform
A former Goldman Sachs executive said:
“If you want to shamelessly replenish your SOL position, this would be a good entry area. see! The bananas are slowly ripening, and I think it will be truly spectacular in the fall.”
Source: Raoul Pal/X
Looking at the annual chart, Pal suggests that SOL is forming a trendline pattern that is converging to the upside.
Solana is trading at $136 at the time of this writing, up more than 2% in the last 24 hours.
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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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The post Bitcoin Is Approaching the Parabolic Forward Halving Phase According to Real Vision Analyst appeared first on The Daily Hodl.

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