Top Coins to Buy As Analyst Predicts Bitcoin Parabolic Rise
The post Top Coins to Buy As Analyst Predicts Bitcoin Parabolic Rise appeared on BitcoinEthereumNews.com.
Investors are searching for coins to buy as uncertainty floods the crypto markets in the wake of increasing geopolitical conflict between Iran and Israel in the Middle East. The total crypto market cap dropped by 5.2% in the last 24 hours and is sitting at $2.273 trillion. Nevertheless, top analyst MartyParty has predicted that the current Bitcoin price pullback could spark a parabolic run after bottoming out at $60,000. Top Coins To Buy Before Bitcoin Goes Parabolic Crypto Commentator MartyParty’s Bitcoin price prediction suggests that BTC could be nearing a parabolic rise following its correction due to the escalating war the Middle East. The price of Bitcoin is currently at $61,717, but MartyParty says a drop further to $60,000 is necessary to ignite a potential parabola. #Bitcoin #Wyckoff playing out, the pullback to $61000. ($60000 would be the parabola) pic.twitter.com/C9nQjA3rzk — MartyParty (@martypartymusic) October 1, 2024 His analysis is based on the Wyckoff Accumulation pattern, which has five phases: A, B, C, D, and E. Currently, Bitcoin is in Phase D, nearing the last point of support (LPS), which is marked out around $60,000. As Bitcoin breaks out of its current consolidation zone toward $67,000, it would mark the last phase of the pattern, with the price potentially pushing toward $89,982 and beyond. If Bitcoin follows this path, here are the top coins to buy now and position for the potential gains ahead. 1. Artificial Super Intelligence (FET) Artificial Superintelligence (FET) is gaining traction due to its innovative approach to integrating AI with blockchain technology. And that is why Coinbase Furute will list FET-PERP on October 5, opening up the token to speculative trading and increased exposure. We are adding support for $FET @Fetch_ai perpetual future listing on Coinbase Advanced. The opening of FET-PERP, market will begin on or after…
Filed under: News - @ October 2, 2024 9:26 am