NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Why Bitcoin Price Could Double To $60K In A Flash

Alizeh Ilyas
Alizeh Ilyas
11 months ago
3 mins read
bitcoin price parabolic rally parabola

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin price action has been known to go “parabolic” when speculation in the crypto market is in full gear. Prices begin to rise rapidly with very few pullbacks in between.

According to evidence, a parabolic structure is possibly building that could cause BTCUSD to “double” in a short amount of time. And with the first ever digital asset now above $30K per coin, it means a potential monstrous move to $60K could be on the horizon.

Why BTC Could Teleport To $60K

In technical analysis, an asset is said to have gone “parabolic” when an increasingly steep upward curve supports a series of higher highs and higher lows.

Parabola typically forms in a sideways, horizontal range. After each higher low, price accelerates further, causing the angle of the slope to nearly go vertical.

Related Reading

bitcoin doom

Bitcoin Doom Signal Warns Of 50% Crypto Collapse

1 year ago

Bitcoin has done this several times throughout its short history. And after the longest bear market on record, the cryptocurrency could be ready for another parabolic rally.

BTCUSD_2023-10-20_10-47-24

Has Bitcoin built another parabolic base? | BTCUSD on TradingView.com

Bases Loaded, Bitcoin Number Up

A comparison with the iconic parabolic curve example, possibly puts Bitcoin price at what would be the third touch and third base of a four-base pattern. A rounded parabolic curve is supporting a series of high timeframe higher lows.

Base three is significant because it is said to produce a move where the asset “doubles in the shortest period of time.” With Bitcoin near $30K, $60K could be right around the corner if this is an accurate patter.

Related Reading

bitcoin target

Bitcoin Bulls Could Buck Downtrend With Move To $42,000

1 year ago

Above base three is base four, meaning there is yet another zone of consolidation somewhere above that will touch down on the curved parabolic trend line a final time. From there, the next time it touches the curved line will be after a peak of the parabolic rally.

BTCUSD_2023-10-23_08-56-18

A glimpse into the future? | BTCUSD on TradingView.com

Will Crypto Parabola Begin Again?

Don’t believe this structure is possible in Bitcoin? Simply take a look at past cycles for an example. In the above chart, Bitcoin formed several bases in a row. After touching the X, price didn’t just “double,” it did 1,700% ROI. Even then, BTCUSD wasn’t done climbing, rallying another 700% from base four.

These figures aren’t probable again, but it speaks to the fact that something big very well could be coming soon.

Tony is the author of the CoinChartist (VIP) newsletter. Sign up for free. Follow @TonyTheBullBTC & @coinchartist_io on Twitter. Or join the TonyTradesBTC Telegram for daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from Shutterstock, Charts from TradingView.com
Tweet123Share196ShareSend
Alizeh Ilyas
Alizeh Ilyas

Alizeh Ilyas

With over 3 years of crypto writing experience, Alizeh Ilyas have a deep understanding of cryptocurrencies, blockchain, Fintech, web3, crypto market analysis, predictions, and more. Her passion for innovation shines through her work. Keeping a keen eye on the future of digital finance, she bridges gaps between technology and readers.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

Bitcoin (BTC), the leading cryptocurrency, has ignited a notable recovery in the broader cryptocurrency market, recording a 5% gain during...

Ronaldo Marquez 2 hours ago
crypto-arnaques-applis-rencontres-14-millions-usd-envoles

Crypto : arnaques sur les applis de rencontres, 1,4 M USD envolés, et comment reprendre la main

Les escroqueries sentimentales envahissent désormais la crypto. Les pertes deviennent spectaculaires. Aux États-Unis, un homme du Colorado a perdu 1,4...

evanss 3 hours ago
uptober-actualites-crypto-1-octobre-2025

Uptober tiendra-t-il ses promesses ? XRP, Solana, Bitcoin Hyper, Cardano – Actualités crypto à retenir du 01 octobre 2025

Octobre a la réputation d’enclencher les rallyes, mais le marché n’offre jamais de garanties. Ce 1er octobre, les yeux sont...

guillaumev 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin

Dogecoin Price Is About To Complete Another Golden Cross, Why $0.33 Is The Key

Scott Matherson 42 minutes ago
XRP

SWIFT Is Planning To Launch Its Own Blockchain Amid Trillion-Dollar Battle, But It’s Not With Ripple

Sandra White 1 hour ago
Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details

Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details

Sebastian Villafuerte 2 hours ago

Premium Sponsors

Press Releases

  • 4 kovanice poput Solane (SOL), ali jeftinije – kako zaraditi 480.000 $ od 240 $ u nadolazećem bull runu

    4 kovanice poput Solane (SOL), ali jeftinije – kako...

    27 minutes ago
  • Bitcoin je sedam dana u porastu – četiri kriptovalute na koje treba obratiti pažnju prije nego što dosegne 100.000 dolara

    Bitcoin je sedam dana u porastu – četiri kriptovalute na...

    34 minutes ago
  • 4 coiny podobné Solane (SOL), ale lacnejšie – ako zmeniť 240 dolárov na 480 000 dolárov v najbližšom bull rune

    4 coiny podobné Solane (SOL), ale lacnejšie – ako...

    4 hours ago
  • A Bitcoin stúpa už sedem dní – štyri kryptomeny, ktoré sa oplatí sledovať, kým nedosiahne 100 000 dolárov

    A Bitcoin stúpa už sedem dní – štyri kryptomeny...

    4 hours ago
  • Sezona altcoina 3.0 Zašto su zarade od 150x–200x moguće u ovom ciklusu

    Sezona altcoina 3.0: Zašto su zarade od 150x–200x...

    6 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.