Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

11/07/2025

Russia elevates AI over Bitcoin with impending ban on data center mining

11/07/2025

VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

11/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

    11/07/2025

    This Project Lets You Send Bitcoin Without Internet Access

    11/07/2025

    Bitcoin Faces Risk of Pullback to $100K as Momentum Indicator Diverges Bearishly: Technical Analysis

    11/07/2025

    “Continuation of Rally Depends on It!”

    11/07/2025

    Massive Binance Whales’ Ethereum (ETH) Accumulation: Is Supply Shock Incoming?

    11/07/2025

    Ethereum (ETH) Price Prediction for July 8

    11/07/2025

    Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

    11/07/2025

    It’s Time for Ethereum (ETH), Which Lags Behind Bitcoin, to Explode! Analyst Points to This Week!

    11/07/2025

    Pump.fun to Launch PUMP Token via ICO on July 12

    11/07/2025

    Interchain Foundation Funds Hadron Labs for Long-Term Maintenance of CosmWasm Smart Contract Platform

    11/07/2025

    Ripple USD (RLUSD) Breaks Crucial Milestone, Road to $1,000,000,000?

    11/07/2025

    Binance Alpha’s Bedrock token crashes 50% after whales drain nearly $50m in liquidity

    11/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    09/07/2025

    Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

    11/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

    11/07/2025

    Crypto M&A tops $40b in 2025 as buyers seek scale and speed

    11/07/2025
  • Blockchain

    DeepLink and Roam Unite to Build Borderless Cloud Access and Gaming

    10/07/2025

    A Breakthrough for Blockchain Exploration

    10/07/2025

    Dechat Forges Partnership with Bullbit AI to Transform AI-Driven Trading Infrastructure

    10/07/2025

    It May Also Be Developing Its Own Blockchain!

    10/07/2025

    Veritas and Bixos Join Forces for the Secure Tokenization of Real Estate

    10/07/2025
  • DeFi

    Plume Launches SkyLink on TRON to Enable Real-World Asset Yields

    11/07/2025

    EUL Hits New All-Time High Led by Protocol Growth

    11/07/2025

    AscendEX Forges Partnership with M3 DAO to Bridge Real-World Finance and Web3

    11/07/2025

    Aave Outperforms DeFi Sector with 52% TVL Surge in Q2

    11/07/2025

    Bitcoin Exchange Bithumb Shares New Listing Announcement! Here’s the Listed Altcoin

    11/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    Crypto M&A tops $40b in 2025 as buyers seek scale and speed

    11/07/2025

    XRP Advocate John Deaton Breaks Silence on Wall Street, Copying Strategy’s Model

    11/07/2025

    Texas Creates Its Own Digital Currency Backed by Gold and Silver

    11/07/2025

    Australia’s Swyftx to Acquire Caleb & Brown in Record $66M ANZ Crypto Deal

    11/07/2025

    Strategy’s Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion

    11/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

    11/07/2025

    Transak Adds Support for Ripple’s RLUSD Stablecoin for Global Fiat On-Ramping

    11/07/2025

    Jack Ma’s Ant Group Joins Circle to Bring USDC to Blockchain

    11/07/2025

    KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

    11/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    10/07/2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    09/07/2025

    Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

    09/07/2025

    Off The Grid studio unveils Solana cofounder-inspired skin

    09/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot

    11/07/2025

    Shareholders push back against high pay for public Bitcoin miner execs after record equity grants

    11/07/2025

    KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay

    10/07/2025

    Bill Morgan Rejects ‘Staged Lawsuit’ Claims

    10/07/2025

    Trump’s crypto working group is due to submit digital asset policy proposals by July 22

    10/07/2025

    Crypto exchanges and providers thrive 6 months into EU’s MiCA regulation

    10/07/2025

    Trump Is Making Bank on Crypto: Do Voters Care?

    10/07/2025

    Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

    11/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

    11/07/2025

    Crypto M&A tops $40b in 2025 as buyers seek scale and speed

    11/07/2025
  • MarketCap
NBTC News
Home»Bitcoin»Crypto Analyst Says It’s Closer Than You Think
Bitcoin

Crypto Analyst Says It’s Closer Than You Think

NBTCBy NBTC08/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The argument for the Bitcoin price to reach above $200,000 has been going on for a few years now with a number of crypto pundits maintaining their stance. This has not changed, especially with the most recent prediction from one crypto analyst who puts the BTC price above $200,000. But what’s most interesting is the timeframe in which this analyst expects the leading crypto to reach this level.

Halving To Trigger Parabolic Rally

Crypto analyst TradingShot posted another eye-catching prediction on the TradingView website, putting the Bitcoin price as high as $200,000. The analysis focuses on the Bitcoin Vortex bullish cross as well as the Bollinger Bands Width (BBW) bottoms to gauge when BTC might go on its next parabolic rally.

TradingShot explains that a parabolic rally for the cryptocurrency often starts after a Halving Event. Now, a BTC halving event takes place roughly every four years and it’s an event in which the block rewards for miners are cut down in half, thereby reducing the rate at which new coins are being brought into circulation.

The crypto analyst’s prediction in this instance uses the next Bitcoin halving event which is expected to take place sometime in Q2 2024. As the analyst explains, this is an event that “starts the (final and most aggressive) Parabolic Rally sequence of the Bull Cycle.”

Source: Tradingview.com

One other important event that happens after the halving takes place is the BBW which bottoms once the halving is completed. This often marks the end of a short downtrend, and “may have as a Support a (dotted) Lower Lows trend-line,” as TradingShot explains.

When Will Bitcoin Cross $200,000

The expectation for the BBW to bottom out in early 2024 carries the basis for a Bitcoin parabolic rally above $200,000. Once it does this, there is only a short timeframe that the crypto analyst sees before the asset is able to reach this level.

A Bullish Cross formation as has been the case historically, is expected to trigger “a long-term sequence of straight green candles (Parabolic Rally) straight to the Bull Cycle’s peak.” This marks the beginning of the bull market.

TradingShot explains that if this happens, then the Bullish Cross would appear on the 2-Month (2M) candle. This will put the timeframe in the vicinity of January 2024. If this analysis is correct, then BTC could be only a few months away from making a new all-time high.

At the upper band of this parabolic rally, Bitcoin sits above $650,000. Given that BTC is currently trading just above $35,300, it would mean an over 1,700% rally.

Bitcoin price chart from Tradingview.com

BTC price above $35,300 | Source: BTCUSD on Tradingview.com

Featured image from AMBCrypto, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

11/07/2025

This Project Lets You Send Bitcoin Without Internet Access

11/07/2025

Bitcoin Faces Risk of Pullback to $100K as Momentum Indicator Diverges Bearishly: Technical Analysis

11/07/2025

“Continuation of Rally Depends on It!”

11/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

11/07/2025

Russia elevates AI over Bitcoin with impending ban on data center mining

11/07/2025

VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

11/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.