Parabolic Second Phase Of Bitcoin Bull Run Soon?
Words to heed, here: “Just be patient and continue to stack. BTC is going to $100,000+ either way”
A prominent crypto strategist and trader predicts that Bitcoin is about to enter a parabolic second phase of the bull market and that something similar could be in store for Ethereum.
Widely followed crypto analyst Kaleo tells his 338,900 followers that the second chapter of Bitcoin’s bull run will push BTC well above six figures.
Kaleo’s prediction comes as Bitcoin abruptly rallied from a low of $29,360 to a high of $40,499 in less than seven days. Although the leading crypto asset has managed to put together six consecutive green candles on the daily chart, Kaleo issues a warning to traders who are planning to use leverage to catch up.
“I’m sharing this because I have a feeling there are a bunch of late bulls that have extreme FOMO (fear of missing out) atm (at the moment) and are trying to overleverage to compensate. Just be patient and continue to stack. BTC is going to $100,000+ either way. Don’t let greed knock you down right before it happens.”