Bitcoin (BTC) Set for ‘Parabolic Advance’ in Next 6-12 Months, Predicts On-Chain Analyst

full version at en.coinotag

Before you reading,
Don't miss coins like PEPE again! Click here to find new PEPEs!

Prominent on-chain analyst Checkmate predicts a parabolic move for Bitcoin (BTC) in the coming months.
Based on historical trends, Bitcoin is expected to undergo a six-month period of choppy consolidation, followed by a parabolic rise.
Despite recent price drops, Checkmate argues that such corrections are normal in Bitcoin halving years and usually precede a bullish end of the year.

Renowned on-chain analyst Checkmate forecasts a parabolic rise for Bitcoin following a period of choppy consolidation, based on historical market cycles. Despite recent price drops, he maintains a bullish outlook, stating that such corrections are typical in Bitcoin halving years.

Bitcoin’s Upcoming Parabolic Move

Checkmate, a well-known on-chain analyst, recently updated his Bitcoin market cycle outlook. He predicts that Bitcoin is likely to experience about six months of “chopsolidation” – a choppy period of consolidation without any significant trend shift. This prediction is based on the patterns observed in previous Bitcoin market cycles.