Top Crypto Analyst Says Delayed Bitcoin Parabolic Rally Is Both Positive and Negative – Here’s What He Means
A widely followed crypto analyst believes Bitcoin’s (BTC) delay in entering the most explosive phase of the cycle comes with pluses and minuses.
Pseudonymous analyst Dave the Wave tells 147,700 followers on the social media platform X that Bitcoin may remain in a technical bullish trend for a while longer before eventually going parabolic.
“The simple fact is that BTC price has not gone parabolic yet. This is both a negative and a positive. A negative in that those higher prices might not come in the here and now (is this really a negative?), and a positive in that price is still technically stable with eventual higher prices at a later date, compared to if the spike had come sooner.
With the number getting high fast,…
