• bitcoinBitcoin (BTC) $ 67,645.00
  • ethereumEthereum (ETH) $ 3,758.98
  • tetherTether (USDT) $ 0.999235
  • bnbBNB (BNB) $ 420.58
  • solanaSolana (SOL) $ 132.09
  • staked-etherLido Staked Ether (STETH) $ 3,753.40
  • xrpXRP (XRP) $ 0.651891
  • usd-coinUSDC (USDC) $ 0.998354
  • cardanoCardano (ADA) $ 0.775046
  • dogecoinDogecoin (DOGE) $ 0.187661
  • shiba-inuShiba Inu (SHIB) $ 0.000043
  • avalanche-2Avalanche (AVAX) $ 42.90
  • polkadotPolkadot (DOT) $ 10.42
  • tronTRON (TRX) $ 0.139644
  • chainlinkChainlink (LINK) $ 20.67
  • matic-networkPolygon (MATIC) $ 1.14
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 67,788.00
  • uniswapUniswap (UNI) $ 13.06
  • the-open-networkToncoin (TON) $ 2.70
  • bitcoin-cashBitcoin Cash (BCH) $ 450.72
  • internet-computerInternet Computer (ICP) $ 15.86
  • litecoinLitecoin (LTC) $ 89.88
  • ethereum-classicEthereum Classic (ETC) $ 38.61
  • filecoinFilecoin (FIL) $ 10.16
  • cosmosCosmos Hub (ATOM) $ 12.76
  • daiDai (DAI) $ 0.998931
  • leo-tokenLEO Token (LEO) $ 5.08
  • aptosAptos (APT) $ 12.72
  • nearNEAR Protocol (NEAR) $ 4.37
  • optimismOptimism (OP) $ 4.40
  • bittensorBittensor (TAO) $ 688.29
  • crypto-com-chainCronos (CRO) $ 0.165367
  • immutable-xImmutable (IMX) $ 3.09
  • stellarStellar (XLM) $ 0.149343
  • hedera-hashgraphHedera (HBAR) $ 0.125035
  • blockstackStacks (STX) $ 2.93
  • kaspaKaspa (KAS) $ 0.166255
  • injective-protocolInjective (INJ) $ 42.00
  • vechainVeChain (VET) $ 0.049354
  • okbOKB (OKB) $ 57.06
  • pepePepe (PEPE) $ 0.000008
  • mantleMantle (MNT) $ 0.981938
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995267
  • arbitrumArbitrum (ARB) $ 2.14
  • lido-daoLido DAO (LDO) $ 3.40
  • theta-tokenTheta Network (THETA) $ 2.99
  • the-graphThe Graph (GRT) $ 0.307429
  • celestiaCelestia (TIA) $ 16.51
  • render-tokenRender (RNDR) $ 7.23
  • moneroMonero (XMR) $ 147.60
  • bonkBonk (BONK) $ 0.000037
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,142.07
  • bitcoin-svBitcoin SV (BSV) $ 111.12
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  • algorandAlgorand (ALGO) $ 0.256455
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,857.52
  • makerMaker (MKR) $ 2,159.05
  • sei-networkSei (SEI) $ 0.782623
  • bittorrentBitTorrent (BTT) $ 0.000002
  • quant-networkQuant (QNT) $ 133.06
  • fetch-aiFetch.ai (FET) $ 1.84
  • arweaveArweave (AR) $ 29.18
  • fantomFantom (FTM) $ 0.676884
  • suiSui (SUI) $ 1.52
  • flowFlow (FLOW) $ 1.24
  • elrond-erd-2MultiversX (EGLD) $ 68.12
  • ordinalsORDI (ORDI) $ 85.74
  • thorchainTHORChain (RUNE) $ 5.88
  • aaveAave (AAVE) $ 117.76
  • dogwifcoindogwifhat (WIF) $ 1.70
  • dydx-chaindYdX (DYDX) $ 3.94
  • the-sandboxThe Sandbox (SAND) $ 0.709579
  • starknetStarknet (STRK) $ 2.19
  • galaGALA (GALA) $ 0.045242
  • ecasheCash (XEC) $ 0.000082
  • havvenSynthetix Network (SNX) $ 4.63
  • flare-networksFlare (FLR) $ 0.042854
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000072
  • axie-infinityAxie Infinity (AXS) $ 10.77
  • mina-protocolMina Protocol (MINA) $ 1.36
  • apecoinApeCoin (APE) $ 2.32
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  • tezosTezos (XTZ) $ 1.46
  • neoNEO (NEO) $ 18.36
  • true-usdTrueUSD (TUSD) $ 0.998846
  • kucoin-sharesKuCoin (KCS) $ 13.50
  • decentralandDecentraland (MANA) $ 0.685583
  • eosEOS (EOS) $ 1.12
  • bitget-tokenBitget Token (BGB) $ 0.909681
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.55
  • heliumHelium (HNT) $ 8.56
  • whitebitWhiteBIT Coin (WBT) $ 8.52
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000222
  • dydxdYdX (ETHDYDX) $ 3.94
  • corgiaiCorgiAI (CORGIAI) $ 0.003674
  • singularitynetSingularityNET (AGIX) $ 0.905146
  • iotaIOTA (IOTA) $ 0.366240
  • frax-etherFrax Ether (FRXETH) $ 3,731.53
  • conflux-tokenConflux (CFX) $ 0.301392
  • jasmycoinJasmyCoin (JASMY) $ 0.023303
  • oasis-networkOasis Network (ROSE) $ 0.161622
  • worldcoin-wldWorldcoin (WLD) $ 7.38
  • kavaKava (KAVA) $ 0.982024
  • woo-networkWOO (WOO) $ 0.576897
  • gnosisGnosis (GNO) $ 403.36
  • klay-tokenKlaytn (KLAY) $ 0.295822
  • pyth-networkPyth Network (PYTH) $ 0.669043
  • cheeleeCheelee (CHEEL) $ 17.79
  • blurBlur (BLUR) $ 0.693888
  • osmosisOsmosis (OSMO) $ 1.59
  • akash-networkAkash Network (AKT) $ 4.27
  • wemix-tokenWEMIX (WEMIX) $ 2.64
  • swethSwell Ethereum (SWETH) $ 3,902.59
  • msolMarinade staked SOL (MSOL) $ 154.92
  • astarAstar (ASTR) $ 0.157841
  • roninRonin (RON) $ 2.93
  • dymensionDymension (DYM) $ 5.96
  • curve-dao-tokenCurve DAO (CRV) $ 0.748486
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.92
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.33
  • nexoNEXO (NEXO) $ 1.48
  • nervos-networkNervos Network (CKB) $ 0.018936
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 4,043.75
  • jupiter-exchange-solanaJupiter (JUP) $ 0.600148
  • enjincoinEnjin Coin (ENJ) $ 0.566750
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • manta-networkManta Network (MANTA) $ 3.02
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,980.21
  • illuviumIlluvium (ILV) $ 119.48
  • usddUSDD (USDD) $ 1.00
  • ribbon-financeRibbon Finance (RBN) $ 0.787825
  • holotokenHolo (HOT) $ 0.004082
  • bitcoin-goldBitcoin Gold (BTG) $ 40.83
  • gatechain-tokenGate (GT) $ 5.34
  • terra-luna-2Terra (LUNA) $ 1.13
  • ondo-financeOndo (ONDO) $ 0.490855
  • rocket-poolRocket Pool (RPL) $ 34.54
  • 1inch1inch (1INCH) $ 0.606490
  • frax-shareFrax Share (FXS) $ 8.93
  • apenftAPENFT (NFT) $ 0.00000069
  • coredaoorgCore (CORE) $ 0.746042
  • fraxFrax (FRAX) $ 0.994949
  • superfarmSuperVerse (SUPER) $ 1.42
  • xdce-crowd-saleXDC Network (XDC) $ 0.046181
  • compound-governance-tokenCompound (COMP) $ 93.21
  • golemGolem (GLM) $ 0.629967
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.49
  • ocean-protocolOcean Protocol (OCEAN) $ 1.02
  • zilliqaZilliqa (ZIL) $ 0.034195
  • theta-fuelTheta Fuel (TFUEL) $ 0.094193
  • lido-staked-solLido Staked SOL (STSOL) $ 154.42
  • qtumQtum (QTUM) $ 5.67
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  • skaleSKALE (SKL) $ 0.111512
  • celoCelo (CELO) $ 1.09
  • metis-tokenMetis (METIS) $ 104.59
  • casper-networkCasper Network (CSPR) $ 0.047252
  • altlayerAltLayer (ALT) $ 0.503286
  • gmxGMX (GMX) $ 56.64
  • siacoinSiacoin (SC) $ 0.009499
  • fasttokenFasttoken (FTN) $ 1.73
  • echelon-primeEchelon Prime (PRIME) $ 14.92
  • tether-goldTether Gold (XAUT) $ 2,126.50
  • chiaChia (XCH) $ 51.86
  • zetachainZetaChain (ZETA) $ 2.19
  • zcashZcash (ZEC) $ 34.79
  • compound-wrapped-btccWBTC (CWBTC) $ 1,361.01
  • kujiraKujira (KUJI) $ 4.13
  • compound-ethercETH (CETH) $ 75.65
  • basic-attention-tokenBasic Attention (BAT) $ 0.332386
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  • gasGas (GAS) $ 7.44
  • kadenaKadena (KDA) $ 1.81
  • arkhamArkham (ARKM) $ 2.42
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  • dashDash (DASH) $ 40.51
  • stader-ethxStader ETHx (ETHX) $ 3,800.11
  • radixRadix (XRD) $ 0.045451
  • livepeerLivepeer (LPT) $ 14.86
  • mask-networkMask Network (MASK) $ 4.83
  • memecoin-2Memecoin (MEME) $ 0.047332
  • loopringLoopring (LRC) $ 0.360899
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  • aleph-zeroAleph Zero (AZERO) $ 1.47
  • convex-financeConvex Finance (CVX) $ 5.40
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  • harmonyHarmony (ONE) $ 0.034020
  • rollbit-coinRollbit Coin (RLB) $ 0.143088
  • ankrAnkr Network (ANKR) $ 0.040633
  • ravencoinRavencoin (RVN) $ 0.029710

‘Rapid Move to New Highs’? – Analyst Says BTC Could Rally Like Amazon’s (AMZN) Parabolic Recovery in 2010

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A closely followed crypto analyst says that Bitcoin (BTC) could be in the midst of repeating a pattern once displayed by Amazon’s stock (AMZN) over a decade ago.

Pseudonymous analyst TechDev shares with his 423,000 followers on the social media platform X a chart that compares BTC’s price action over the last 3 years to AMZN in 2010 and 2011.

According to TechDev, both charts show the respective assets forming double tops, then a drastic correction to previous all-time highs before a sudden parabolic move to all-time highs with little to no dips along the way.

“Here’s that time AMZN retested its prior all-time high with an expanded flat correction.

Just as BTC did.

Then here’s a dissection of the structural similarities of both flats.

Green line is where BTC has moved to since the chart.

A rapid move to new highs from
here would not be unusual for expanded flat retests of a prior ATH, if you can move past the herd narrative regarding the halving.

Not a guarantee. $32,000 retest scenario still on the table.

But if we are up only to new highs from here, I would not be surprised.

When structural analogs work, it’s because mass human speculative behavior doesn’t change, regardless of asset.”

‘Rapid Move to New Highs’? – Analyst Says BTC Could Rally Like Amazon’s (AMZN) Parabolic Recovery in 2010

Source: TechDev/X

The analyst has previously taken note of Bitcoin’s Vortex Indicator (VI), which was designed to spot trend reversals and confirm current trends.

TechDev shares a monthly chart of BTC that appears to show that the VI has had a near-perfect track record in signaling bull markets. He calls the bullish flip of the VI the “parabolic signal” for Bitcoin.

“Bitcoin Parabolic Signal.”

‘Rapid Move to New Highs’? – Analyst Says BTC Could Rally Like Amazon’s (AMZN) Parabolic Recovery in 2010

Source: TechDev/X

Generated Image: Midjourney

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