A crypto analyst who the Bitcoin (BTC) Prize up to $ 120,000 Months ago, a daring new prediction that the expectations of investors could again define the rest of the cycle. Detailed customs Elliott Golf Structure and historic halving patterns, the expert outlines what could be the last parabolic movement of Bitcoin, which imposed a clear route map for a NEW ATH.
Bitcoin Parabolic phase still ahead
After Bitcoin’s Explosive increase above $ 123,000 In one day, Crypto analyst Xforcegllobal confirmed his earlier predictions and strengthened his bullish prospects. He now claims that Bitcoin is in the early stages of one much larger outbreakWith the last and most parabolic phase of his rally still to unfold.
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The analyst Bitcoin price process up to $ 155,000: why no big dips are expected here A detailed graph showing that Bitcoin is now being traded more than $ 40,000 above his wave 2 bottom of the macro 5th. This indicates that the market could transfer to Golf 3 of a larger Elliott golf golf pattern. The graph segments also visually Earlier bullmarkt runs In different macro phases, each unfold after a half -time cycle. Each phase started with a consolidation period, followed by exponential growth and final correction.
Bitcoin’s price history is further characterized by the HALLING -EGENIONS In 2012, 2016, 2020 and 2024 – all of which consistently preceded large bullish rallies. The Last halving, which took place in April 2024It is now expected to lead to an interim rally that can extend the price of BTC than $ 270,000 before he enters another corrective phase.
While XFORCEGLOBAL one Bullish long -term front views for BitcoinHe insists on investors to be careful and to be aware that the last Golf Market can generate euphoria before a considerable decline. His projected route map shows a steady bullish climb to $ 272,832, followed by a potential retracement to around $ 41,646, which crashes a steep 85% of the top.
During his analysis, the markt expert emphasized the difference between smart and stupid money during this bullish phase of the cycle. He claimed that smart investors have already mapped out their exit strategies, and understood that success comes from early planning instead of spontaneous decisions. He also added that with the market still reaching a climax, there is still time to prepare an exit before red flags come forward.
Analyst predicts $ 155,000 as Bitcoin’s next stop
In a follow-up XPreferred XFORCEGLOBAL Bitcoin’s next price target in the short term at $ 155,000. This prediction comes when BTC recently passed $ 123,000 pull a pullbackNow slightly higher than $ 116,800. According to the analyst, Bitcoin remains firm in one Extensive Golf 3That traditionally represents the most impulsive and powerful phase of the Elliott golf sequence.
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The graph of XFORCEGLOBAL reveals that Bitcoin recently broke out from a complex WXYXZ correction structure, which served as a launchpad for the current rally. His projection suggests that BTC is now a five-golf structure that is aimed at the range of $ 140,000- $ 155,000, with macro-level corrections that are expected on the way.
Featured image of Pixabay, graph of TradingView.com