Brandt Revives Parabolic Rise Prediction as Bitcoin Nears $80K
Peter Brandt, a veteran analyst, has revived his 2019 logarithmic chart predicting Bitcoin's parabolic rise.
The model, originally forecasting $100,000 when Bitcoin was around $10,000, remains relevant as institutional support now underpins the market.
Although Bitcoin's massive market cap limits the potential for 100x returns, the parabolic trend persists as long as key support levels hold.