- Bitcoin forecast to reach $138,714 in 2025
- Potential fifth wave cycle completion forecasted
- Market supported by ongoing institutional interest
An independent technical analyst, Alan Santana, projects Bitcoin may reach $140,000 based on Elliott Wave analysis by 2025, sparking interest on platforms like TradingView.
This potential surge reflects bullish sentiment but also suggests a significant market correction could follow, affecting major cryptocurrencies.
Recent analysis by Elliott Wave experts projects Bitcoin could achieve a target of $138,714 during 2025, following a potential fifth wave increase. This projection is rooted in technical analysis assessments published on TradingView.
Alan Santana, an independent analyst on TradingView, highlights that a final impulse or the fifth wave based on the Elliott Wave Theory aligns with this target. Current analyses underscore a robust market cycle underway.
Bitcoin’s price trajectory according to this analysis supports an optimistic market outlook. Institutional and retail investment continues, suggesting a potential wave five completion that could sustain the upward trend. As supporting insights shared, “The potential for the final impulse or fifth wave based on the Elliott Wave Theory system, amounts to $138,714. This can happen sometime in 2025.”
The market implications are considerable, reflecting strong investor confidence and continued interest from institutional players who seem unaffected by current technical forecasts. While no leadership statements explicitly confirm these targets, independent analysts keep a bullish sentiment. Historical data reveal previous Elliott Wave patterns, providing a potentially reliable roadmap for further cycles.
Potential outcomes may influence broader technology adoption and regulatory considerations, as the financial ecosystem adapts. The ongoing accumulation by investors indicates anticipation of extended uptrends, underscoring a more expansive market cycle. Historical trends suggest possible corrections, yet optimism remains.