Home Blockchain News Bitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

Bitcoin Price Aims for ‘Parabolic’ Bull Market, Sets Long-Term Target at $72,000

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From 2015 to 2017, the bitcoin price surged from around $150 to $20,000 in a parabolic movement, demonstrating a staggering gain of 13,233 percent within a two-year period. Big question re: analog year comparison is whether 10a rally will lead to 10b retest similar to 2013-2015 $BTC pic.twitter.com/BCRKSqBxsP — Peter Brandt (@PeterLBrandt) April 6, 2019 In the next several years, according to the analysis published by respected trader Peter Brandt, the bitcoin price could potentially recover quickly from the current level at $5,000 to over $50,000 if it continues to show strong momentum. Why Big Predictions For Bitcoin is Emerging

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