List of Flash News about parabolic pump
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2025-05-26 07:47 |
BTC Price Approaches All-Time High: $110K Milestone and Price Discovery Signal Bullish Momentum
According to Cas Abbé on Twitter, Bitcoin (BTC) has surged back above $110,000, nearing its all-time high and signaling a potential entry into price discovery mode where parabolic price growth often occurs. Abbé highlights that recent fears of Sunday dumps were unfounded and emphasizes that the break above $110K is a key trading signal for bullish momentum. This movement suggests increased buying pressure and could trigger significant breakout trades, with targets of $130,000 by July and $160,000+ by Q4, based on current price action and technical patterns observed by Abbé (source: Cas Abbé Twitter, May 26, 2025). Traders are advised to monitor resistance levels and market sentiment closely as volatility is expected to increase during this potential price discovery phase. |