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Bitcoin is poised to enter the final and most explosive phase of its current market cycle, according to an analyst who has mapped out the cryptocurrency’s next movements onto a parabolic step-like structure. This bullish outlook is reinforced by the Elliott Wave 5 count, which suggests an epic price rally that could propel Bitcoin above $300,000, significantly surpassing its previous all-time high and current market value.
A recent Bitcoin price forecast by crypto analyst Gert van Lagen suggests that the leading cryptocurrency may be on the verge of its most aggressive bull run this cycle. Lagen’s price chart indicates that BTC is firmly locked into a parabolic step-like growth structure, potentially eyeing an extended Wave 5 breakout that could drive prices well beyond $345,000. The trajectory of the analyst’s chart illustrates a clear parabolic growth curve anchored by four distinct formations, labeled Base 1 through Base 4. Each of these bases represents a phase of accumulation and consolidation that preceded a Bitcoin price breakout. This structure also mirrors a textbook parabolic setup, where each new base sets the stage for steeper upward moves.
After the completion of Base 3, marked by the
on the chart, Bitcoin launched into a sharp rally, confirming the expected parabolic behavior. Lagen’s analysis now indicates that BTC’s current Base 4 has been completed, followed by a corrective A-B-C structure that appears to have reached its bottom, positioning the cryptocurrency for the anticipated final leg of its cycle. Using Elliott Wave theory, Bitcoin’s price action is still unfolding within the fifth wave, which is the final advance in the five-wave impulsive cycle. The price chart identifies Wave 1 as beginning shortly after the 2022 lows. This was followed by a powerful breakout in 2023, which defined Wave 3, while Wave 4 concluded more recently with a classic corrective pattern. Notably, the upcoming Wave 5 could see Bitcoin skyrocket anywhere between $300,000 and $425,000, depending on the timing and strength of its bullish momentum.A key element in Lagen’s analysis is the dynamic “sell line” drawn near the upper end of the parabolic arc that runs underneath the Bitcoin price movement on the chart. According to the analyst, the longer it takes for Bitcoin to hit this projected vertical trajectory, the higher the price at which the potential market top might occur. This is due to the upward curvature of the parabolic trend line itself, which steepens over time. Currently, Lagen forecasts an early breakout by July 7, 2025, if momentum resumes immediately. However, if Bitcoin continues consolidating through the summer, the projected peak could rise further, as the sell line would continue climbing over time.
In summary, the extended Wave 5 scenario, as outlined by analyst Gert van Lagen, suggests a highly bullish outlook for Bitcoin. The cryptocurrency is expected to follow a parabolic step-like structure, with the potential to surpass $300,000. This forecast is based on the completion of Base 4 and the corrective A-B-C structure, positioning Bitcoin for its final leg of the cycle. The Elliott Wave 5 count further supports this bullish outlook, with the potential for Bitcoin to reach prices between $300,000 and $425,000. The dynamic sell line in Lagen’s analysis indicates that the longer the consolidation, the higher the potential market top, with a forecasted breakout by July 7, 2025, if momentum resumes immediately. However, if consolidation continues, the projected peak could rise further.
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