Bitcoin Investment Gold Opportunity, Analysts Predict Parabolic Rally!

Jakarta, Pintu News – A widely followed crypto analyst has recently revealed that Bitcoin still has one parabolic rally opportunity in this cycle. The analyst, who goes by the pseudonym Jack, has shared his views with his 268,600 followers on the X platform, regarding the less than encouraging macroeconomic conditions and how it could form a “perfect trade” for Bitcoin (BTC).

Analysis of Global Economic Conditions

Jack emphasized that there is no expectation for the Federal Reserve to cut interest rates in this Wednesday’s meeting, even though oil prices have dropped below $60, indicating poor financial conditions. Currently, oil is trading at $59.77, down more than 22% from its 2025 opening price of $77.46. Falling oil prices usually signal demand destruction and a weakening global economy.

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Bitcoin and the Potential Parabolic Rally

According to Jack, this bleak economic situation creates the perfect opportunity for Bitcoin (BTC). He predicts that Bitcoin (BTC) will follow in the footsteps of equities but will soon break away and recover quickly. As an example, he takes the case of gold in March 2020, which experienced a brief and shallow decline before starting the steepest phase of its parabolic trend. Jack argues that this could be the basis for a very impressive rally.

Bitcoin Price Projections

Jack emphasized that Bitcoin (BTC) needs to hold above $93,000 to avoid another corrective move. Currently, Bitcoin (BTC) is trading at $96,791, up more than 2% in the past day. If Bitcoin (BTC) price falls below this critical level, Jack expects a sharp price drop.

Conclusion and Advice for Investors

In the face of volatile market conditions, investors are advised to conduct due diligence before making investment decisions in high-risk digital assets such as Bitcoin (BTC). Any transactions and trades are made at the personal risk of the investor, and any losses that may occur are the responsibility of the investor.

Also Read: Bitcoin Poised for a Big Spike Amid US Economic Chaos?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Daily Hodl. Crypto Analyst Unveils Perfect Trade for Bitcoin, Sees BTC Mirroring Gold Price Action in 2020. Accessed on May 7, 2025
• Featured Image: ETF Stream