Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You

Q: How long will it take to read this news story?

The story "Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You" has 497 words across 67 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You" was covered 13 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 7 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28940355</li><li>URL: https://beamstart.com/news/technical-analyst-predicts-bitcoin-price-174811228</li></ul>

NewsBTC Logo NewsBTC 13h ago

Technical Analyst Predicts Bitcoin Price Blow Off Top To $325,000 – The Timeline Will Shock You - NewsBTC

Quick Summary:

The current rally also follows Bitcoin’s fourth and most recent halving event, which took place on April 20, 2024, reinforcing the repetitive and cyclic nature of Bitcoin’s price movements. A Historic Correction Could Follow This Price Surge Beyond the dramatic $325,000 Bitcoin price prediction, Lagen’s analysis also carries a foreboding bearish outlook.

He cautions that after Bitcoin reaches this projected market top, what comes next may be a high time frame price crash, possibly lasting several years. Related Reading: Buy XRP Before It Explodes To $1,000, Market Expert Says Once the five-wave structure is completed, Lagen expects Bitcoin to enter its first true Wave 2 correction at the highest degree.

Notably, this bullish prediction relies heavily on Bitcoin maintaining strong momentum and completing Wave 5 as a single clean impulse move, without any deviation or elongation, just like past cycles. Lagen’s bold $325,000 price forecast for Bitcoin comes with an exceptionally near-term timeline.