Bitcoin Poised for Aggressive Expansion, Says Analyst
- Bitcoin recently hit a new all-time high, trading at $111,296.
- Analyst Credible Crypto predicts Bitcoin is in the final phase of a bullish cycle.
- The Elliott Wave theory suggests Bitcoin is in the fifth wave of its trend.
- The Relative Strength Index (RSI) indicates overbought conditions above 70.
- Previous overbought monthly candles saw increases of $22,200 and $33,000.
Credible Crypto anticipates Bitcoin’s most aggressive expansion yet, as indicated by current RSI levels and past price surges during similar conditions.
Source (2.6)https://dailyhodl.com/2025/05/23/things-are-about-to-get-silly-analyst-says-bitcoin-on-cusp-of-most-aggressive-expansion-since-inception/?rand=59076
