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Analyst Predicts Last Bitcoin Bull Market, Says Price Is Headed For $30,000


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A prominent encoding analyst sparked the discussion in the digital asset community with bold macro predictions Bitcoin Market Taurus. According to the expert, the current assembly of Bitcoin may be the last stage of its first real institutional session – and the effects can be Send prices crash To less than $ 30,000.

Bitcoin Bull enter the final stage

CheckPer analyst, determined as “MRPABULIC” on X (previously Twitter), Release A blatant warning that the current Bitcoin market can be in the last stages of the first Macro in Crypto. Although about $ 106,616 traded at the time of the press, the analyst expects BTC to come out soon, followed The devastating bear market It can pay prices to $ 34,932.

Using Elliot wave theoryThe analyst presented a plan, indicating that Bitcoin complements the fifth and final microwave in a five -waved motivation cycle. It seems that the last increase, which is now paying six numbers, represents Wave 5Which is usually the last driving step before reseting the broader market.

While Mrparabulic did not specify the accurate peak in its scheme, it is expected that Bitcoin will face in the short term in the short term Continue ascending Before the sharp reflection it reveals. The analyst highlights that this level of upward movement, associated with heavy institutional participation and the condemnation of the narration, creates what they describe as “the greatest trap of euphoria ever.”

Bitcoin
Source: mrparabullic on x

The market expert also opposes the idea that Bitcoin may be immune to deep corrections, highlighting the structural nature of its courses – where He runs the previous bullIncluding those in 2013, 2017 and 2021, each of which was followed by acute clouds 80-90 % of their peaks. Based on the analysis, institutional adoption did not slow down this historical trend, and in fact, it may be a hide Risk.

On the graph, 88,115 dollars are distinguished as a major support zone, as soon as it is broken, it can lead to sequence Liquidation Historical destroyed about 34,932 dollars or less. This decrease, if achieved, will represent a decline of 70-90 % of the current levels, which reflects the brutality Post -peak declines in previous sessions.

In response to the encryption community curiousity About his declining goal of $ 30,000, Mr. Parapelik Assure Market expectations tend to provide liquidity with important support. When these expectations fail, the clouds accelerate, creating conditions for reseting the real macro market.

Bitcoin can exceed $ 200,000 this session

Since his bold forecast for the imminent bear market caught the attention of the encryption community, many members Respond With questions, Ask when Bitcoin price can come out The time frame of this equivalent gathering. Mrparabullic subscriber This bitcoin is expected to complete its upscale course within five to eight months, after which there is expected to be a sharp shift in the market structure.

Market expert also Express Confidence that Bitcoin’s highest final cycle is still at the forefront, with a strong show Climbing more than $ 200,000 Mark before the bear market officially. This look also offers a file A bullish window for mindWho expects the analyst can gather explosive over the next 6-12 months after the Bitcoin is at the forefront of Bitcoin.

Bitcoin
BTC trading at $ 107127 on the 1D graph | Source: BTCUSDT on Tradingview.com

Distinctive image from Getty Images, Chart from TradingView.com

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