Bitcoin Poised for 391% Rally to $350,000 as Wave 5 Begins

Generated by AI AgentCoin World
Friday, Jul 4, 2025 12:36 am ET1min read
BTC
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Bitcoin has entered a significant phase of its price movement, with analysts identifying the start of Blue Wave 5 according to the Elliott Wave theory. This wave follows a deep retracement after Blue Wave 3 peaked near $110,000 and Blue Wave 4 bottomed around $75,000. The current structure suggests that the market is on the cusp of a substantial rally, with the potential to reach new heights if the wave pattern holds.

The key milestone to watch is a weekly close above Bitcoin’s all-time high, which is approximately $70–$75,000. This would confirm the start of wave 5-iii, the most powerful leg of the cycle according to Elliott Wave theory. Historically, wave iii is known for leading to parabolic moves, and in this case, the bullish target is approximately $350,000. To validate this view, several conditions must be met: a break and weekly close above the all-time high, continuation above $75,000 holding as support, and no breach below wave ii’s low to keep the bullish structure intact.

The projection of $350,000 is based on Fibonacci extension and historical wave spacing. The step-like build of i → ii → (now iii) mirrors the structure seen in wave 3, reinforcing the call for a massive upward trajectory once wave iii confirms. This analysis suggests that

Bitcoin
is poised for a significant rally, with the potential to reach new heights if the current wave pattern holds.

Institutional buying and ETF inflows are fueling this sustained bullish momentum. Public companies now hold over 849,000 BTC, adding long-term support to the market. This significant holding by public companies injects real confidence into the market, as even political and economic uncertainties have not deterred buyers. The crypto market has shown resilience, shaking off trade war worries and Federal Reserve drama with barely a blink. This conviction and momentum represent a force that feels almost inevitable, and if this formation holds, the next milestone might just rewrite every Bitcoin headline: $350,000.