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Bitcoin’s last call: BTC presents buy signal before parabolic rally

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Bitcoin (BTC) has predominantly remained in consolidation below the $70,000 mark over the past few days, with the market awaiting a potentially decisive move amidst prevailing bullish sentiments, such as the upcoming halving event. Amid this uncertainty, crypto trading expert TradingShot, in an April 9 post on TradingView, suggested that the current consolidation presents an opportunity for investors, projecting a possible parabolic rally . The analysis suggests that the current consolidation phase around the previous all-time high of almost $69,000 is a clear buy signal reminiscent of patterns from previous cycles.  Picks for you Machine learning algorithm sets Dogecoin price for April 30, 2024 5 mins ago Massive sell-off alert amid $300 million token unlock on Friday 1 hour ago Portofino Technologies joins Pyth Network as a new data provider 2 hours ago The 'degenerate' diaries: Unpacking the tactics of r/wallstreetbets traders 3 hours ago ...