A cryptocurrency analyst who accurately predicted Bitcoin's (BTC) price surge to $120,000 a few months ago has returned with a bold new forecast that could reshape investor expectations for the remainder of the cycle. Utilizing detailed Elliott Wave structures and historical halving patterns, this expert outlines what may be the final parabolic move of Bitcoin, charting a clear path towards a new ATH target.

The Parabolic Phase Of Bitcoin Is Still Ahead

After Bitcoin surged above $123,000 in just one day, cryptocurrency analyst XForceGlobal reaffirmed his previous predictions and reinforced the optimistic outlook. He currently asserts that Bitcoin is in the early stages of a much larger breakout, with the final and most parabolic phase of the bull run yet to occur.

Analyst Predicts Bitcoin Price Trajectory Towards $155,000: Why No Major Sell-Off Is Predicted From Here, a detailed chart shows Bitcoin is currently trading above $40,000 compared to the bottom of Wave 2 of the macro 5th wave. This suggests the market may be transitioning into Wave 3 of the larger Elliott Wave pattern. The chart also visually breaks down previous bull runs into distinct macro phases, each occurring after a halving cycle. Each phase begins with a consolidation period, followed by exponential growth, and finally a correction.

Bitcoin's price history is also marked by halving events in 2012, 2016, 2020, and 2024—all of which have consistently preceded significant bull runs. The most recent halving, which took place in April 2024, is now expected to lead to a mid-term price surge, potentially pushing BTC above the $270,000 mark before entering another correction.

Although XForceGlobal maintains a long-term bullish outlook for Bitcoin, he advises investors to be cautious and notes that the final surge could create market euphoria before a significant drop occurs. His projected roadmap shows Bitcoin prices steadily rising to $272,832, followed by a potential retracement to around $41,646, marking a sharp 85% decline from the peak.

In the analysis process, the market expert emphasized the difference between smart investors and foolish investors during this bull phase of the cycle. He asserts that smart investors have laid out exit strategies, understanding that success comes from planning early rather than making impulsive decisions. He also added that the market has yet to reach a peak, and there is still time to prepare for an exit before warning signals appear.

Analyst Predicts $155,000 As Bitcoin's Next Stop

In a subsequent post on X, XForceGlobal forecasts Bitcoin's next short-term price target at $155,000. This prediction comes after BTC recently surged past the $123,000 level before experiencing a pullback, now trading slightly above $116,800. According to the analyst, Bitcoin remains solidly in an extended Wave 3, which typically represents the most impulsive and powerful phase of the Elliott Wave cycle.

XForceGlobal's chart shows Bitcoin recently breaking out of the complex WXYXZ corrective structure, which served as a launchpad for the current bull run. His forecast indicates that BTC is currently forming a five-wave structure, targeting the range of $140,000-$155,000, with macro corrections expected to occur throughout this process.