Bitcoin Gearing Up for Final Surge, Analyst Predicts Massive Rally

A well-known crypto analyst anticipates a major Bitcoin surge once its current period of sideways movement concludes.

In a recent update, Credible Crypto, a trader who applies Elliott Wave theory to market trends, suggests that Bitcoin is gearing up for a powerful rally. He predicts a potential price increase of at least 52% in the coming weeks, marking the final stage of a long-term bullish cycle that began in 2018 when Bitcoin was priced at $3,000.

According to Elliott Wave theory, asset prices move in a structured five-wave pattern during an uptrend, followed by a three-wave correction.

The analyst believes Bitcoin is entering the final, most intense phase of this cycle, with a minimum target of $150,000. He expects an initial breakout, a brief period of consolidation, and then a final push that could take Bitcoin close to $300,000.

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However, he also warns that short-term pullbacks are possible, with Bitcoin potentially dipping as low as $80,000—or even $70,000—before resuming its upward trajectory.

Despite this, he remains confident that the overall market structure remains bullish and that any such retracement would be a normal part of Bitcoin’s path toward new highs.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.