Bitcoin Braces For Wild Ride: Analyst Predicts Unprecedented Volatility, Says Apex Crypto Could Hit $90,000
Bitcoin Braces For Wild Ride: Analyst Predicts Unprecedented Volatility, Says Apex Crypto Could Hit $90,000
"Bitcoin is actually not finished with Base 4 (of the parabolic curve pattern). We don't have a confirmed top and the price action has not traded into the trend line just yet," he said. This week on YouTube, cryptocurrency analyst Kevin Svenson shared insights on Bitcoin's (CRYPTO: BTC) trajectory, highlighting an impending phase of intense fluctuations.
本周在YouTube上，加密货币分析师凯文·斯文森分享了对比特币（加密货币：BTC）走势的见解，重点介绍了即将到来的剧烈波动阶段。
Addressing his audience, Svenson pointed out that Bitcoin is currently navigating the fourth stage of a parabolic curve pattern that was initiated in November 2022.
斯文森在向听众讲话时指出，比特币目前正在进入2022年11月启动的抛物线曲线模式的第四阶段。
This pattern, characterized by its staircase-like progression across four distinct levels, typically witnesses periods of significant price volatility at each stage before resuming its upward trend.
这种模式的特点是跨越四个不同的层次的阶梯式发展，通常在每个阶段都会经历剧烈的价格波动，然后才恢复上升趋势。
"Bitcoin is actually not finished with Base 4 (of the parabolic curve pattern). We don't have a confirmed top and the price action has not traded into the trend line just yet," he said.
“比特币实际上还没有完成基数4（抛物线曲线图案）。我们尚未确定最高点，价格走势尚未进入趋势线，” 他说。
Also Read: Forget Dogecoin And Shiba Inu — This Meme Coin Has Surged Nearly 70% In Just 24 Hours
另请阅读：忘记狗狗币和柴犬了——这款模因币在短短24小时内飙升了近70％
"So that means that going into this Base 4 zone, there's likely going to be a lot of volatility. Bitcoin's price could see all kinds of swings‚ we could go to $80,000, come back to $55,000 bounce again, up above $70,000, pull back in the mid-$60,000s, run again. And this would all be within a parabolic trend," added Svenson.
“因此，这意味着进入这个Base 4区域，可能会有很大的波动。比特币的价格可能会出现各种波动，我们可能会跌至8万美元，再次反弹至55,000美元，上涨至7万美元以上，在6万美元中期回落，再次上涨。而这一切都将处于抛物线趋势之内，” 斯文森补充说。
The analyst predicted that Bitcoin could reach a target of $90,000 in this current pattern. However, whether this peak will signify the culmination of the bull market remains uncertain. Svenson suggested that, similar to the 2017 cycle, reaching such a milestone could potentially break the current parabolic trend, only to establish a broader one.
这位分析师预测，在目前的模式下，比特币可能达到90,000美元的目标。但是，这一峰值是否标志着牛市的高潮仍不确定。斯文森认为，与2017年的周期类似，达到这样的里程碑有可能打破当前的抛物线趋势，只会建立一个更广泛的趋势。
"Is that going to be the top of the run? Is that going to be the end of the bull market? Well, that's hard to say. It's not something that I would want to call out right now. It's more likely like 2017 that once you hit a price like that, you break the parabolic trend and then form a larger parabolic trend," he said.
“那会是比赛的重头戏吗？那会是牛市的终结吗？好吧，这很难说。这不是我现在想大声说的话。他说，更有可能像2017年一样，一旦触及这样的价格，就会打破抛物线趋势，然后形成更大的抛物线趋势。”
At the time of writing, Bitcoin was trading at $67,974.61, down by a percent in the last seven days.
在撰写本文时，比特币的交易价格为67,974.61美元，在过去七天中下跌了一个百分点。
Now Read: As Dogecoin Jumps 18%, Founder Billy Markus Cracks Joke About Crypto Community: 'If You Take Offense To This ...'
立即阅读：随着狗狗币上涨18％，创始人比利·马库斯开玩笑说加密社区：“如果你对此感到冒犯...”
Photo: Shutterstock
照片：Shutterstock
