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Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says

CoinGape LogoCoinGape2w ago

Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says - CoinGape

Quick Summary:

With the Bitcoin price entering price discovery, crypto analysts highlight a potential ‘parabolic’ rally for BTC as it exits post-halving consolidation.

The crypto market witnessed an accelerated bullish momentum following Donald Trump’s victory as the 47th President of the United States.

According to Coingecko, the asset’s market cap surged to $1.5 Trillion, while the 24-hour trading volume wavers at $64.6 Billion.


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Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says - CoinGape (Picture 1)Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says - CoinGape (Picture 2)Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says - CoinGape (Picture 3)

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 14:39:45 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23470799

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says" has 374 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Price ‘Parabolic’ Move Hinges on Key Weekly Close; Expert Says" was covered 2 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 28 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23470799
  • URL: https://beamstart.com/news/bitcoin-price-parabolic-move-hinges-17310768945870

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