[View] Bitcoin started a new all-time highs trip; factors to consider

By the end of 2019, Bitcoin sluggish price action experience led many investors and analysts are more bearish on the currency of this encryption, there is little discussion of discussions between BTC soared to a record high.

However, at the same time, this situation has changed, because the encryption currency throughout the year 2020 has been on an upward trend, it seems revitalized long, leading many investors began to provide peak position on encryption of money the next time parabolic rally may arrive Prediction.

A well-known analyst pointed out that now, Bitcoin its peak in the next major uptrend may make some optimistic investors disappointed, and some economic models seem to agree with him.

2020 for Bitcoin is a fruitful year, from its 2019 low of $ 6,400 at the end of the rally, the market has changed the structure of encryption currency, greatly benefit the long, many investors believe that these lows will mark the BTC long-term bottom.

However, this optimistic belief is not unfounded, because a variety of technical and fundamental factors also seem to indicate that the encryption currency will soon see a massive expansion of its recent upward trend.

One analyst believes that the rebound in the past few weeks is a parabola Bitcoin early stage of the market cycle, this could mean the upcoming new all-time high.

Analyst: Bitcoin will be halved speculation pushed up to $ 15,000

One of the factors may help to foster some serious upward momentum is coming Bitcoin mining reward halved event is bullish on the history of the catalyst.

It is important to note that although the technology to reduce the impact of inflation resulting from this event fundamentally bullish, but analysts whether their short-term impact will inspire any power to hold differences.

Analysts do believe that this event will contribute to investor speculation that it has made considerable gains in the coming weeks and months.

Popular on Twitter Satoshi Flipper encryption currency analyst to his 40,000 followers, explains in a tweet, a bit currency has entered the bottom of the trough, he is expected to be halved before the BTC will gradually rise to $ 15,000, is scheduled for 5 It may occur. this year.

"I expect $ BTC will grind slowly until reduced by half to 1.5 million. Only three months from the bottom has arrived. Demand growth is evident in the rising phase of halving this for any depth retracement demand too stronger. IMO, "he boldly stated.

BTC break through this key level rise is likely to incite a flame

In addition to the upcoming mining reward halved bullish fundamental catalyst, BTC recently broke the seven-month decline since the establishment of the wedge-shaped structure, which is a sign of a parabolic rise before in history.

"I outlined 10 key points $ BTC's latest breakthrough is the first 10:00 7 months of" Falling Wedge 'structure to ATH journey has just begun, "another popular encryption in a recent analyst CryptoWolf to his 20,000 followers send tweets said.

Indeed, in the past few weeks bitcoins and encryption market saw an upward trend could mark a key macro trends change, and finally to the market to see further significant rise in the near future.