Parabolic

Bitcoin

Rekt

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/experts-anticipate-bitcoin-surge-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Experts Anticipate Bitcoin Surge Soon</a><br></p>
<p style="text-align: justify">Bitcoin’s price has been confined within a 20% range for an extended period, failing to break out despite several attempts. The months of June, July, and August have passed without any significant movement, leaving <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> disheartened. Nonetheless, experts assert that this stagnation will not persist for much longer.</p>
<h2 id="what-can-historical-patterns-indicate">What Can Historical Patterns Indicate?</h2>
<p style="text-align: justify">Rekt Capital, a well-known <a href="https://en.bitcoinhaber.net/cryptocurrency-halving-impact-on-bnb-sol-and-xrp-prices" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto analyst</a>, has compared the current situation with previous halving periods. He suggests that Bitcoin typically enters a Parabolic Phase around 160 days post-halving. If historical trends hold, Bitcoin could see a breakthrough by the end of September, offering a glimmer of hope for investors.</p>
<h2 id="will-m2-money-supply-impact-bitcoin">Will M2 Money Supply Impact Bitcoin?</h2>
<p style="text-align: justify">Jamie Coutts, another respected analyst, anticipates a significant price rise driven by the global M2 money supply. He emphasizes that Bitcoin tends to bottom out a few months before the global M2 does, followed by substantial gains and a mid-cycle correction. This analysis adds another layer of optimism for Bitcoin enthusiasts.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify">– Institutional ETF adoption has increased by 27%, with 262 firms now holding BTC ETFs.<br> – Analysts project Bitcoin prices could exceed $80,000 soon.<br> – Titan Of Crypto predicts a surge to $86,000 starting in September if $60,000 is surpassed, triggering significant short position liquidations.</p>
<h2 id="conclusion">Conclusion</h2>
<p style="text-align: justify">The stagnation in Bitcoin’s price may soon end, according to various experts. Historical patterns, global M2 trends, and increased institutional adoption all point towards a potential breakout. Investors should stay vigilant as the coming months could see a notable shift in Bitcoin’s market dynamics.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/experts-anticipate-bitcoin-surge-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Experts Anticipate Bitcoin Surge Soon</a></h5>

Experts Anticipate Bitcoin Surge Soon

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