A crypto strategist known for making timely Bitcoin calls believes that BTC will print an astronomical new all-time high before the current cycle is over.
Pseudonymous analyst Credible Crypto tells his 468,800 followers on the social media platform X that Bitcoin is likely on the verge of an explosive breakout from its trading range.
“The bid on BTC is relentless. When this thing finally breaks out of this range it will leave people in awe.”
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Next up, the analyst responds to crypto investor TraderJB’s comment on X that Bitcoin’s fifth wave may extend nearly 4.236 times the net travel of waves one through three based on historical precedence, which would put BTC at a cycle peak at around $264,000.
Credible Crypto uses Elliott Wave
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