Bitcoin (BTC) Gearing Up for Post-Halving Parabola, According to Crypto Analyst – But There’s a Catch - The Daily Hodl

• A crypto analyst predicts that Bitcoin could experience another parabolic rally after its 2024 halving event.
• The analyst suggests that Bitcoin could rally above $80,000 in the months following the halving.
• However, the analyst also acknowledges the possibility of Bitcoin continuing its downtrend before the halving.
• The analyst compares Bitcoin's potential price movement to its 2019 bear market cycle, where it traded within a triangle pattern before breaking out and starting a bull market.
• The analyst's chart indicates that Bitcoin may confirm a triangle breakout in April 2024, followed by a rally towards a long-term target.

The overall sentiment of the article is positive, as the analyst predicts a potential parabolic rally for Bitcoin after its halving event in 2024.