According to crypto analyst Rekt Capital, Bitcoin (BTC) could be on the verge of a massive rally based on historical patterns.
Parabolic Phase on the Horizon
Rekt Capital believes Bitcoin may soon enter the “parabolic phase” of the market cycle, which has historically led to significant gains. He notes that this phase could come sooner than in previous cycles.
Altcoin Surge Predicted
The analyst predicts that a Bitcoin breakout would boost the entire crypto market, leading to a surge in altcoins due to increased liquidity.
Dogwifhat (WIF) Warning
Rekt Capital also cautions that dogwifhat (WIF) could face a bearish trend if it fails to hold a key support level.
