Crypto Expert Predicts Bitcoin And This Ethereum Token Are Set To Repeat The Parabolic Rally Of 2020
In
a
landscape
teeming
with
such
potential
as
the
crypto
industry,
comparisons
are
often
drawn
to
past
successes
in
a
bid
to
predict
future
price
action.
Such
is
the
case
with
the
price
prediction
spotlighted
in
this
article,
suggesting
that
Bitcoin
(BTC)
is
set
to
repeat
its
parabolic
rally
of
2020.
This
prediction
also
makes
a
bullish
case
for
ETFSwap (ETFS)ETFSwap (ETFS)”>
ETFSwap
(ETFS),
a
new
Ethereum-based
presale
coin
gaining
significant
traction.
The
new
presale
coin
offers
a
unique
opportunity
for
massive
gains
as
investors
capitalize
on
the
early
opportunity.
Crypto
Analyst
Says
Bitcoin
(BTC)
Could
Witness
A
Massive
Price
Surge
A
popular
crypto
analyst
on
Twitter
who
goes
by
the
pseudonym
TechDev
toldtold”>
told
his
over
400,000
followers
on
the
social
media
platform
X
that
Bitcoin
(BTC)
is
ready
for
a
massive
rally
upwards.
He
predicted
a
120%
upward
movement,
similar
to
the
price
trend
on
Bitcoin
(BTC)
late
in
2020,
when
the
cryptocurrency
moved
from
$13,000
to
$29,000
in
only
two
months.
His
technical
analysis
of
Bitcoin’s
two-month
chart
suggests
that
the
RSI
(relative
strength
index)
is
about
to
break
70,
the
exact
condition
preceding
the
last
three
parabolic
price
movements
on
Bitcoin
(BTC).
He
pointed
out
the
massive
rally
in
2013,
2016,
and
2020.
Also,
he
noted
that
Bitcoin’s
volatility
indicator
(the
Bollinger
Bands
Width)
bottomed
out
in
the
last
three
instances,
indicating
a
massive
price
surge
in
sight.
While
several
analysts
have
shared
bearish
sentiments
about
Bitcoin
(BTC)
in
the
past
several
weeks,
TechDev
maintains
that
Bitcoin
(BTC)
is
unlikely
to
go
through
a
price
collapse
and
is
excited
to
see
how
the
next
two
months
will
play
out
for
the
cryptocurrency.
Moreover,
fundamental
analysis
of
Bitcoin
(BTC)
suggests
that
Bitcoin
(BTC)
should
always
see
a
bullish
rally,
as
historical
patterns
have
shown.
The
supply
shock
following
Bitcoin’s
halving
is
believed
to
help
raise
the
prices,
especially
as
demand
starts
to
ramp
up
and
the
narrative
for
a
bull
market
starts
to
form.
Early
Presale
Investors
Expect
Ethereum-Based
ETFSwap
(ETFS)
To
Go
Parabolic
The
bullish
optimism
for
Bitcoin
(BTC)
and
the
crypto
market
at
large
spills
over
to
the
impressive
momentum
on
the
Ethereum-based
ETFSwap
(ETFS)
presale.
Crypto
experts
believe
this
is
another
coin
poised
for
a
bullish
run
soon,
and
because
it’s
much
more
undervalued,
it
could
make
its
early
investors
millionaires.
ETFSwap (ETFS)ETFSwap (ETFS)”>
ETFSwap
(ETFS)
is
an
emerging
blockchain
platform
for
trading
tokenized
ETFs,
market-making,
perpetual
trading,
and
several
other
DeFi
purposes.
The
new
platform
will
exist
on
the
Ethereum
blockchain
and
provide
global
access
to
various
ETF
types
from
several
industries.
This
will
serve
as
a
seamless
bridge
to
manage
ETF
investments
while
they
maintain
exposure
to
opportunities
available
in
crypto.
Besides
the
quick
ETF-to-crypto
conversion
and
quick
settlements,
this
new
platform
ensures
that
users
can
access
liquidity
to
trade
cryptocurrencies
with
their
ETF
investments
as
collateral.
That
way,
users
do
not
have
to
liquidate
their
ETF
holdings
to
take
new
crypto
positions.
Also,
ETFSwap (ETFS)ETFSwap (ETFS)”>
ETFSwap
(ETFS)
solves
some
key
challenges
plaguing
this
market,
which
include
the
absence
of
a
premier
platform
merging
ETF
and
crypto,
limited
convertibility
of
ETFs
to
other
asset
types,
inefficiency
in
interfacing
Web2-based
products
in
Web3,
and
the
monopoly
of
centralized
platforms
for
ETF
trading.
ETFSwap
(ETFS)
merges
the
best
features
of
decentralized
and
centralized
finance
and
provides
a
unique
solution
that
combines
the
best
of
both
worlds.
This
innovative
approach
puts
ETFSwap
(ETFS)
on
the
path
to
massive
growth
and
could
claim
a
significant
share
of
this
emerging
market
for
tokenized
and
real-world
assets.
Smart
investors
continue
accumulating
ETFS
tokens
on
presale
as
they
sell
for
$0.00854.
The
ongoing
stage
1
presale
is
selling
out
fast
and
has
sold
over
40
million
tokens
to
raise
more
than
$200,000.
This
is
coming
after
the
project
raised
$750,000
from
its
private
rounds
to
institutional
and
angel
investors
who
see
the
potential
of
this
great
product.
You
can
join
early
adopters
and
book
your
way
to
massive
profit
now.
For
more
information
about
the
ETFS
Presale:
Visit ETFSwap PresaleVisit ETFSwap Presale”>
Visit
ETFSwap
Presale
Join The ETFSwap CommunityJoin The ETFSwap Community”>
Join
The
ETFSwap
Community
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