Bitcoin Price Enters 5th Wave After Decline, Eyes Stronger Breakout Rally

Bitcoin Price Enters 5th Wave After Decline, Eyes Stronger Breakout Rally


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Crypto analyst CrediBULL Crypto has commented on the current Bitcoin price action and revealed what market participants should expect following the rally to a new all-time high (ATH). Based on his analysis, BTC could sustain this rally and record more breakouts to new highs in the coming weeks. 

Bitcoin Price Eyes Stronger Breakout Rally In This Fifth Wave 

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In an X post, CrediBULL Crypto remarked that the Bitcoin price is currently in the Wave 5 impulsive move to the upside, which represents the actual cycle top. In this phase, the analyst expects BTC to witness a stronger breakout rally than what it recorded in the Wave 1 and 3 impulsive moves

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