An analyst predicts Bitcoin is about to enter its most exciting phase, potentially reaching prices far beyond its previous all-time high. This prediction is based on a fascinating chart and the Elliott Wave theory.
A Parabolic Price Surge?
Crypto analyst Gert van Lagen believes Bitcoin is following a parabolic pattern. His chart shows a series of “bases” (periods of consolidation) followed by sharp price increases. He argues that Bitcoin has just completed Base 4, setting the stage for a massive final push. This structure is classic parabolic growth – each base leads to a steeper climb.
Elliott Wave Theory and the Final Wave
Van Lagen uses Elliott Wave theory to support his prediction. He identifies the current price action as Wave 5, the final and typically most powerful wave in a five-wave cycle. He believes this wave could send Bitcoin soaring to between $300,000 and $425,000. He points to previous waves (Waves 1, 3, and 4) as evidence for this pattern.
The Timeline: Sooner or Later, But Higher?
A crucial part of Van Lagen’s analysis is a “sell line” on his chart. The longer Bitcoin takes to break out, the higher the potential peak price will be, because the parabolic curve itself gets steeper over time. He currently predicts a breakout by July 7, 2025, if the momentum continues. However, if Bitcoin consolidates further, the eventual peak could be even higher.
