Bitcoin Analyst: BTC’s Parabolic Rally Hints of a Pullback to $13.8k

[Jentot]

Bitcoin Analyst: BTC’s Parabolic Rally Hints of a Pullback to $13.8k

Bitcoin zoomed past the $17,115 resistance level like it did not exist. BTC is still showing signs of bullish momentum
Its parabolic nature since September points to a pullback to $13,800. However, a pullback is not guaranteed and Bitcoin could continue rising. Bitcoin Analyst, MagicPoopCannon, has shared his most recent analysis of BTC in which he points out that the King of Crypto zoomed past the $17,115 resistance level like it did not exist. Furthermore, Bitcoin is showing little signs of slowing down despite exhibiting a parabolic rally that should result in a pullback very soon.

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