Bitcoin Poised for Significant Upside Move, Analyst Predicts
- Bitcoin is expected to enter the fifth wave of a bullish trend.
- The analyst suggests BTC could rally by at least 52% from its current level.
- Current Bitcoin price is approximately $98,500.
- A potential minimum target for Bitcoin is set at $150,000.
- A dip to $80,000 or even $70,000 is considered healthy before further gains.
According to an analyst using Elliott Wave theory, Bitcoin may rise by at least 52% from its current price of around $98,500. The analyst predicts a minimum target of $150,000 during the next bullish wave. A temporary dip to levels like $80,000 is deemed normal before this potential breakout.
Source (2.6)https://dailyhodl.com/2025/02/07/bitcoin-primed-for-the-most-violent-move-to-the-upside-in-seven-years-says-analyst-but-theres-a-catch/?rand=59076
