Analyst’s Shocking Prediction: Bitcoin (BTC) Will Break $220,000, Check out the Time!

Jakarta, Pintu News – A crypto trader known for his timely predictions about Bitcoin recently mapped out a surprising Bitcoin (BTC) price journey. Using the Elliott Wave theory, the analyst predicted that Bitcoin (BTC) will reach a bull market peak at $220,000 in the next few years.

Elliott Wave Theory and Early Predictions

The Elliott Wave Theory, used by this crypto analyst, illustrates that a bullish asset will experience five waves of increase. Waves one, three, and five are uptrends, while waves two and four are corrective periods. The analyst, who goes by the pseudonym Credible, has informed his 477,100 followers that Bitcoin (BTC) has started a new five-wave uptrend after bottoming out in late April at around $74,000.

According to Credible, the high time frame still shows strong bullish signals, and the current correction is considered normal and healthy. It is important not to get caught up in short-term price fluctuations and unnecessary panic. Focusing on the bigger picture is key to understanding the current price movements of Bitcoin (BTC).

Also Read: 5 Cryptos with the Tightest Ranking Spreads on the Futures Market – Save on Trading Costs!

Price Projections and Possible Paths

In its analysis, Credible mapped out two possible scenarios for Bitcoin’s (BTC) price journey. Both scenarios suggest that Bitcoin (BTC) will surge past $200,000 by March 2026. This is a very optimistic prediction given the current price of $109,574.

One of the scenarios described is that the current correction will hold above the $98,000 low, which is referred to as a ‘running flat’. Alternatively, the price may briefly drop below it, which is referred to as an ‘expanded flat’, but neither of these scenarios changes the high time frame structure of Bitcoin (BTC).

Price Level Relevance $74,000

Credible’s analysis emphasizes the importance and relevance of the $74,000 price level, which he discussed some time ago. This level is an important turning point that marks the beginning of a new bullish wave according to the Elliott Wave theory he uses.

Understanding and observing these price levels provides deeper insights into how market participants might react to future price movements. It also helps in making more informed and strategic investment decisions in the often unpredictable crypto market.

Conclusion

While the crypto market is known for its volatility, in-depth analysis like that offered by Credible can provide a clearer view of potential price movements. By understanding and utilizing theories like Elliott Wave, investors can be better prepared for market fluctuations and make better decisions based on solid technical analysis.

Also Read: 5 Crypto with the Highest Futures Open Interest Last Week of September 2025!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Daily Hodl. Trader Maps Out Bitcoin Path to $220,000 BTC Bull Market Top – Here’s His Timeline. Accessed on September 29, 2025