Bitcoin Goes Parabolic: Tis the Season for Record Breaking Highs
Here we are again, yet another week and yet another new all time high for the price of Bitcoin. This asset is truly on fire and is now once again entering into a “parabolic” phase.
The reasoning for this continues to be the ever increasing demand of institutional investors who are moving heavily into the crypto space, with Bitcoin being the natural first and main choice for many of these institutions.
But how long can these gains continue at this neck breaking pace, before one of its dreaded and…