Accurate predicted cipher analyst Bitcoin (BTC) price is $120,000 A few months ago, I returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Use details Elliott wave structure And in the historical half pattern, experts outline that it could be the last parabolic movement of Bitcoin, and give a clear roadmap New ATH Target.
Bitcoin’s parabolic stage is still a long way off
Continuing with Bitcoin The explosive rise is above $123,000 In one day, Crypto analyst Xforceglobal reaffirmed his previous forecasts and strengthened his bullish outlook. He claims that Bitcoin is in the early stages of Much bigger breakoutthe final and most parabolic stage of the rally has not yet been unfolded.
Analyst Bitcoin price trajectory to $155,000: Why you don’t expect major dips from here A detailed chart showing Bitcoin currently trading at its fifth macro wave 2 bottom over $40,000. This indicates that the market may be moving towards wave 3 of the larger Elliott wave impulse pattern. Charts are visually segments Previous bull markets run Each unfolds in different macrophases after half a cycle. All stages began with the integration period, followed by exponential growth and final revision.
Bitcoin price history is further marked Half of the event In 2012, 2016, 2020 and 2024, everything consistently preceded major bull rally. The latest half of the incident occurred in April 2024it is now expected to lead to a medium-term gathering that costs BTC to over $270,000 before entering another revision phase.
Xforceglobal maintains a Bitcoin’s bullish long-term outlookhe urges investors to be cautious and realize that the final wave can create a sense of happiness in the market before a major decline begins. His predicted roadmap shows a steady bullishness heading towards $272,832, followed by a potential retracement at around $41,646, marking a steep 85% crash from the top.
During his analysis, market experts highlighted the difference between smart and stupid money at this bullish stage of the cycle. He argues that smart investors are already mapping exit strategies, and understands that success comes from early planning rather than spontaneous decisions. He also added that the market has not yet reached its climax and there is still time to prepare the exit before the red flag appears.
Analysts predict $155,000 for Bitcoin’s next stop
Follow up xPostXforceglobal predicted Bitcoin’s next short-term price target at $155,000. This forecast comes as BTC has recently recovered above $123,000 I’m receiving a pullbackcurrently just over $116,800. According to analysts, Bitcoin stays firmly in an Extended Wave 3which traditionally represents the most impulsive and powerful phase of the Elliott wave sequence.
The Xforceglobal chart reveals that Bitcoin has recently erupted from the complex WXYXZ correction structure that served as the launchpad for current gatherings. His predictions suggest that BTC currently forms a five-wave structure targeting the $140,000 to $155,000 range, with macro-level modifications expected along the way.
Pixabay featured images, charts on tradingView.com
