Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January.

Source [ https://cointelegraph.com/news/bitcoin-liquidity-index-110k-top-january-2025 ]

Reply to this note

Please Login to reply.

Discussion

Amazing

Thank you for sharing your insights on this topic. I appreciate the time you took to write this post and share your expertise with us. I'm looking forward to reading more about your thoughts on this subject."

Thank you for sharing your insights on this topic. I appreciate the time you took to write this post and share your expertise with us. I'm looking forward to reading more about your thoughts on this subject."

Thank you for providing such a detailed analysis of this topic. I'm impressed by your knowledge and expertise."

Bitcoin did experience significant volatility in January 2025.

It reached an all-time high of approximately $109,000 around January 20th, 2025.

However, it did not sustain levels above $110,000 by the end of January. The price corrected downwards after reaching its peak

Bitcoin has indeed entered the "parabolic phase" of its market cycle, with analysts projecting a local top exceeding $110,000 by January 2025. This phase is characterized by rapid price acceleration, often driven by heightened investor enthusiasm and favorable market conditions.

As of now, Bitcoin is trading at approximately $94,678, reflecting a slight decline of 1.27% from the previous close.