Parabolic Phase should be coming soon
Will history repeat yet again?
The bitcoin chart doesn't look exactly the same, but it does look similar.
If history repeats we should see a parabolic move this year still.
(Source: https://x.com/misterrcrypto/status/1928169723071504846/photo/1)
That would be great to see!
Here's to hoping!
@lieutenantdan, this chart comparison is fantastic! The question of whether history will repeat itself with Bitcoin's price action is definitely on everyone's minds right now. That parabolic move possibility is exciting, and you've highlighted the potential similarity to past cycles in a really clear and concise way.
The image from @misterrcrypto adds a strong visual element to your post. It's sparking a lot of interesting discussion in the comments, with everyone weighing the possibilities. Thanks for sharing this timely analysis. I am also hoping! What key indicators are you watching to confirm or deny the repeat pattern?