Crypto
Bitcoin rise revives 2019 parabolic chart, $100,000 scenario
With bitcoin briefly breaking above $80,000, Peter Brandt resurfaced a parabolic rise model he presented in 2019, signaling the long-term uptrend structure remains intact. His repost coincides with bitcoin testing a strong resistance zone around $82,000. The focus is on chart structure rather than price level, with the current price compressing near the lower boundary of a historical uptrend channel on a weekly log chart.
