Technical Analyst Forecasts Bitcoin Price Could Reach $325,000 by July 2025

Bitcoin has surged past previous all-time highs, prompting a technical analyst to predict a peak of $325,000 by July 5, 2025. This forecast is based on Elliott Wave Theory and BTC's historical price movements from 2009 to 2025.

Key Points of the Prediction

The analysis suggests Bitcoin is currently in Wave 5, indicating a final parabolic rise.
Historical bull markets have ended with rapid surges before corrective phases.
A trendline forms a rising wedge pattern, with support at the 210,000 block SMA.
The upper trendline aligns with the $325,000 target if momentum remains strong.
This prediction correlates with Bitcoin's post-halving performance following its last halving in April 2024.

Potential Correction Ahead

Following the projected surge, Lagen warns of a significant correction that may last several years. He anticipates a deep retracement in Wave 2, influenced by global tightening and recession risks.