$BTC Cryptocurrency analyst claims that Bitcoin "will leave people amazed" when BTC breaks out and outlines the path ahead for XRP.
July 4, 2025
A cryptocurrency strategist known for making timely predictions about Bitcoin believes that BTC will reach a new astronomical all-time high before the end of the current cycle.
The pseudonymous analyst Credible Crypto told 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 supply of BTC is relentless. When this thing finally breaks out of this range, it's going to leave everyone speechless."
Next, the analyst responds to the comment from cryptocurrency investor TraderJB on X that the fifth wave of Bitcoin could extend nearly 4.236 times the net travel of waves one to three based on historical precedence, which would place BTC at a cycle peak around $264,000.
Credible Crypto uses Elliott Wave theory, which describes price movement in a series of waves based on mass psychology. According to this theory, bullish impulses occur in five main waves and, according to the trader, BTC is in the middle of its fifth and final wave.
“Twice may just be a coincidence, but it’s worth noting that the expected target, if it happens a third time, falls within the range I have been talking about for years for the end of this final fifth wave (above $100,000, below $300,000). We have a significant amount of PA (price action) to develop upward before we can get a better estimate of where the final impulse may reach, but I’m keeping that in mind.”
Bitcoin is trading at $109,819 at the time this article was written, stable for the day.
Next, the analyst says that Ethereum (ETH) could rise to around $3,400 if BTC breaks out.
"If that happens with BTC, I will be looking for something similar with ETH. One more month of cuts and then total send?"
ETH is trading at $2,594 at the time this article was written, stable for the day.
Finally, the analyst predicts that the XRP payment blockchain token may reach around $18 in this cycle, after buying the digital asset for $0.18 in 2019.
“I hope [XRP] goes up more than 100x. It will take a bit longer than expected, but you won’t see me complaining that a 100x rally 'takes too long.'”
The analyst suggests that XRP first needs to break a key resistance level against BTC (XRP/BTC) at 0.00002162 BTC ($2.36) to hit its two-digit price target.
