Fun

This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast

News Feed - 2025-07-16 09:07:23

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000months ago has returned with a bold new forecast that could redefine investors’ expectations for the rest of the cycle. Using a detailed Elliott Wave structureand historical halving patterns, the expert outlines what could be Bitcoin’s final parabolic move, laying out a clear roadmap toward a new ATH target.   Bitcoin Parabolic Phase Still Ahead


Following Bitcoin’s explosive rise above $123,000in a single day, crypto analyst XForceGlobal reaffirmed his earlier predictions and intensified his bullish outlook. He now asserts that Bitcoin is in the early stages of a much larger breakout, with the final and most parabolic phase of its rally yet to unfold.   Related Reading This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast 15 minutes ago


The analyst Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Herea detailed chart showing that Bitcoin is now trading over $40,000 above its Wave 2 bottom of the macro 5th. This indicates that the market could be transitioning into Wave 3 of a larger Elliott Wave impulse pattern. The chart also visually segments previous bull market runsinto distinct macro phases, each unfolding after a halving cycle. Every phase began with a consolidation period, followed by exponential growth and eventual correction. 


Bitcoin’s price history is further marked by the halving eventsin 2012, 2016, 2020, and 2024—all of which have consistently preceded major bullish rallies. The latest halving, which occurred in April 2024, is now expected to lead to an intermediate-term rally that may extend BTC’s price beyond $270,000 before entering another corrective phase.   Source: XForceGlobal on X


While XForceGlobal maintains a bullish long-term outlook for Bitcoin, he urges investors to be cautious and aware that the final wave may generate market euphoria before a significant decline sets in. His projected roadmap shows a steady bullish climb toward $272,832, followed by a potential retracement to around $41,646, marking a steep 85% crash from the top. 


During his analysis, the market expert highlighted the difference between smart and dumb money during this bullish phase of the cycle. He claimed that smart investors have already mapped out their exit strategies, understanding that success comes from early planning rather than spontaneous decisions. He also added that with the market yet to reach a climax, there’s still time to prepare an exit before red flags emerge. Analyst Predicts $155,000 As Bitcoin’s Next Stop 


In a follow-up X post, XForceGlobal forecasted Bitcoin’s next short-term price target at $155,000. This prediction comes as BTC recently rallied past $123,000 before undergoing a pullback, now trading slightly above $116,800. According to the analyst, Bitcoin remains firmly in an extended Wave 3, which traditionally represents the most impulsive and powerful phase of the Elliott Wave sequence. Related Reading Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’ 3 days ago


XForceGlobal’s chart reveals that Bitcoin recently broke out from a complex WXYXZ correction structure, which served as the launchpad for the present rally. His projection suggests that BTC is now forming a five-wave structure targeting the $140,000-$155,000 range, with macro-level corrections expected along the way.  BTC trading at $117,100 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

News Feed

Games and NFTs the Driving Force Behind Dapps During Q3, According to Dappradar
Games and NFTs the Driving Force Behind Dapps During Q3, According to Dappradar Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, accord
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop
Arbitrum Surpasses $1.5 Billion in TVL Following Rumors of a Possible Token Airdrop Arbitrum, a second layer expansion rollup for Ethereum, has breached the $1.5 billion of total v
Ciaran Lyons4 hours agoFTX’s former external legal team disputes involvement in fraud allegationsIn a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of
Brayden Lindrea5 hours agoCrypto-friendly Patrick McHenry takes interim House Speaker positionEight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Sp
Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
Amaka Nwaokocha14 hours agoArkham transfers $487M ARKMs to Coinbase Prime for tax complianceAs the unlocking process progresses, Coinbase Custody will play a crucial role in managing the vesting of these tokens.4429 Tota
Zhiyuan Sun8 hours agoDisney launches NFT platform with Dapper LabsThe NFT platform, dubbed Disney Pinnacle, will go live later this year.2687 Total views89 Total sharesListen to article 0:00NewsJoin us on social network
Coinbase’s Stand With Crypto initiative to launch in Canada
Turner Wright7 hours agoCoinbase’s Stand With Crypto initiative to launch in CanadaThe group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “ap
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital
Coinbase Confirms "No Financing Exposure" to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital Crypto exchange Coinbase has confirmed that the company “had no fin
Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision
Bitcoin, Ethereum Technical Analysis: BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision Bitcoin fell from a five-week high on Thursday, as markets continued to
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, followi
Prashant Jha12 hours agoCaroline Ellison: Secret recording offers trove of explosive revelationsAmong many critical revelations about Alameda and FTX’s relationship, Caroline Ellison confirmed that Alameda always had a
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
South Korea"s Ministry of Foreign Affairs Plans to Revoke Do Kwon"s Passport: Report According to local reports stemming from South Korea, the country’s foreign ministry is