Bitcoin Surges Parabolic After Downtrend Break

Bitcoin Breaks Downtrend, Enters Parabolic Expansion Phase

• Bitcoin (BTC) has broken a diagonal resistance and flipped it into support.
• The cryptocurrency has maintained above $85,000 for several consecutive days.
• BTC is in the first corrective stage of the “Banana zone,” indicating parabolic expansion.
• The current trading price of BTC is $87,523.
• The analyst suggests BTC will reach new all-time highs before another corrective phase.

Bitcoin has successfully broken its downtrend and sustained a price above $85,000, currently trading at $87,523. The analyst predicts further parabolic expansion as it enters the “Banana zone.”