Analyst Predicts Bitcoin Bull Cycle to Last Until 2025, Eyes $100K Target

A crypto analyst known on X (Twitter) as Bluntz said Bitcoin's bull cycle isn't over yet and could last until early 2025.

Based on Bluntz’s chart, it appears that Bitcoin has recently completed the fourth wave of a five-wave pattern on the weekly timeframe, consistent with Elliott’s wave theory.

The chart also shows that Bitcoin could complete the fifth wave of the pattern that began in late 2022, potentially reaching a price just under $100,000.

According to Elliott’s theory, the main price trend of an asset moves in a five-wave pattern, while corrections occur in a three-wave pattern.

The analyst also noted that Bitcoin exhibits a bullish divergence signal on the daily time frame.

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Bitcoin’s Future: Key Indicator Revealed by Crypto Expert

Bullish divergence usually occurs when the price of an asset is in a downtrend while an indicator, such as the Relative Strength Index (RSI), is in an uptrend.

Bullish divergences are usually seen as signals of a reversal from a downtrend to an uptrend in the market.

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.