Bitcoin (BTC) May Still Have Room for Another Parabolic Rally, Predicts Analyst

Despite price pullbacks and recent market volatility, a crypto analyst has predicted that Bitcoin (BTC) may still have room for another parabolic rally.

Despite recent price pullbacks and market volatility, one crypto analyst predicts that Bitcoin (BTC) may still have room for another parabolic rally.

The analyst, who uses the handle Crypto Con on X (formerly Twitter), recently shared a technical analysis. It suggests that the market has not yet reached its top, even as parabola signals fail to propel a surge.

Crypto Con's analysis focused on a technical indicator model developed by another market expert, known as DA_Prof. This model, which is being used to identify potential BTC cycle tops, combines 13 on-chain and market technical indicators.

The analysis was shared in a recent X post.

"Still no sign of a Bitcoin cycle top yet, according to this analysis. But we're getting closer. Crypto cycles are becoming more time-variant with each cycle, and the parabolas are appearing earlier in this cycle. But no sign yet of Prof's top cycle indicators converging."

The timeframes used in the chart are 3W, 1M, 3M, 6M, 1Y, 2Y, 3Y, 5Y, 7Y, 9Y, 10Y, 12Y, and 15Y. The heatmap on the bottom shows the 13 indicators used in Prof's model. They are:

BTC Realized Price

BTC 6EMA

BTC 12EMA

BTC 24EMA

BTC 50SMA

BTC 100SMA

BTC 200SMA

BTC RSI

BTC MACD

BTC MFI

Crypto Fear & Greed Index

Volume

Bitcoin Revenue Volume

The analysis highlighted that Prof’s indicator setup has previously identified market peaks in 2013, 2017, and 2021.

According to the analysis, any potential cycle peak in 2025 will likely emerge only when Bitcoin enters a critical zone. This will be identified through the convergence of these 13 advanced indicators, which are used in an advanced multifactor approach to predict market turning points.

Historically, when these indicators converged in the red-hot region, which is shown in the cluster of indicators in the lower heatmap section of the chart, the Bitcoin price experienced a dramatic peak, followed by a significant crash.

However, in the current cycle, none of Prof’s metrics have entered that zone. Instead, the readings across the lower bands of the model remain comparatively muted, which may suggest that market euphoria has not yet reached past-cycle extremes.

Crypto Con's analysis also highlighted another key aspect: Parabola signals.

Signals from the parabola indicator, another technical tool used to identify trends, have flashed three times in this cycle. These signals are historically linked to the early stages of Bitcoin’s explosive price rallies, which were seen during the previous bull markets.

But despite these alerts, Bitcoin has failed to enter a true parabolic breakout phase so far in 2025. The analyst noted that the May 2025 parabola signal is especially interesting, as it coincides with Bitcoin crossing the indicator’s Parabolic Boundary.

This breach, paired with the absence of Prof’s indicator stack, creates an unusual setup. Pointing out this anomaly, Crypto Con asked: "No cycle top + parabola signal = ?"