Bitcoin's price surged past $66,000 on Friday, building bullish momentum in the cryptocurrency market. This significant price movement has led analysts to speculate that Bitcoin has found a stable bottom.
One prominent analyst, Rekt Capital, believes that this may signal the onset of the next stage in Bitcoin's bull cycle. His analysis suggests that a parabolic run could be imminent, which would propel prices even higher.
This optimism is shared by many in the crypto community, who have been closely monitoring the markets for signs of a major uptick. The recent price action seems to be providing the confirmation that many have been waiting for.
