Bitcoin Roadmap: From $60,000 to $100,000 - Predictions and Timeline

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Source: The Daily Hodl
Bitcoin Roadmap: From $60,000 to $100,000 - Predictions and Timeline
Photo: The Daily Hodl
TL;DR

A trader who accurately predicted Bitcoin's 2018 bear market bottom is outlining a price path to $60,000 for BTC. Using the Elliott Wave theory, the trader suggests that Bitcoin is currently in a wave three rally, with a projected end at $50,000 before a wave-four correction to $42,500. The trader also predicts that Bitcoin will reach $60,000 for the fifth and final wave by September 2024. Additionally, the trader is bullish on Solana (SOL), expecting a steep rally after a local bottom at around $55.

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