Elliot Wave Theory Says Bitcoin Price Is Headed To $40,000, But The End Game Will Shock You

Technical analyst 'V' uses Elliott Wave Theory to predict Bitcoin could crash to $40,000 after a relief rally, followed by an explosive surge to $150,000. The analysis suggests a Wave 2 correction pattern that could trap bulls before triggering the next major upward cycle.

• →Elliott Wave analysis suggests Bitcoin completed a five-wave structure to $109,354 and may now enter a corrective Wave 2 phase.
• →The correction could involve a decline to $51,000-$62,000, followed by a relief rally that creates a bull trap.
• →Wave C of the correction could drive Bitcoin down 55-69% to a range of $35,564-$51,336.
• →Following the correction, Wave 3 could trigger a 207% rally from the bottom, potentially reaching $150,000.
• →The pattern suggests most investors could be caught off guard by the severity of the correction before the ultimate rally.