Bitcoin price has touched a new all-time new high of more than US$51,200 on February 17, 2021. Traders have confirmed that BTC is now currently in a “parabolic advance.” As BTC entered into uncharted territory for the first time ever (even for a few minutes), analysts say that this is the 4th time in its 12-year history that it entered a “parabolic advance”.

Trader Peter Brandt said in his tweet, alongside an annotated price chart, that “Big picture $BTC Bitcoin is undergoing its third parabolic advance in the past decade.”

https://medium.com/daily-highlights-crypto-analysis-news/bitcoin-price-touches-new-high-at-us-51-200-analyst-declares-historic-parabolic-advance-1c204e93ef61

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