A crypto analyst, Leo Hart, has predicted a wild six-month ride for Bitcoin, potentially reaching a whopping $188,000. Let’s break down his roadmap:
The Stages of Bitcoin’s Ascent
Hart’s plan is divided into four stages:
Stage 1: Maximum Power Law Trend Departure
- Target: $108,000
- Timeline: Two weeks
- The Gist: Hart believes Bitcoin will hit $108,000 within the next two weeks, based on his calculations. He points to a chart showing a maximum deviation from a trendline.
Stage 2: Maximum Absolute Wave Height (MAWH)
- Target: $145,500
- Timeline: Two months (by July)
- The Gist: This stage aims for $145,500, representing a new all-time high for Bitcoin. Hart’s chart shows this as a peak on the upper boundary of a trend.
Stage 3: Red Zone Entry Point (RZEP)
- Target:
$188,000 - Timeline: Four months
- The Gist: The final, ambitious target is $188,000 within four months. Hart doesn’t explicitly explain the reasoning behind this price prediction.
Stage 4: Zero Gravity and Re-entry
- Target: Unknown
- Timeline: Beyond four months
- The Gist: After stage 3, Hart suggests a period of unpredictable market behavior (“zero gravity”) followed by a potential price crash (“re-entry”).
Other Analysts Weigh In
Other analysts are also bullish, though their predictions vary slightly. Rekt Capital, for example, points to Bitcoin holding the $97,000-$99,000 range as support before another surge, potentially towards $110,000. Another analyst, Titan of Crypto, still sees a $135,000 target possible by 2025.
Current Status
At the time of writing, Bitcoin is trading around $103,400. Whether it will follow Hart’s ambitious roadmap remains to be seen, but the crypto world is certainly buzzing with anticipation.
