A technical analyst predicts a Bitcoin price blow-off top to $325,000 with an accelerated timeline for the meteoric rise.
The forecast is based on a technical analysis chart applying Elliott Wave Theory, suggesting Bitcoin is currently in Wave 5 poised for a final parabolic blow-off.
The analyst's bold $325,000 price forecast for Bitcoin includes a near-term timeline projecting the target could be reached as soon as July 5, 2025.
However, a foreboding bearish outlook is also expressed, warning of a potential high time frame price crash lasting several years following the projected market top.