Recently, the crypto assets market has seen a wave of new analysis. According to predictions made by Ledn's Chief Information Officer, John Glover, using Elliott Waves theory, the price of Bitcoin may experience a strong rebound this year, potentially climbing to around $140,000. However, this optimistic outlook is not expected to last long, as analysis indicates that the market may enter a bear market phase in 2026.



Elliott Waves is a market analysis method proposed by Ralph Nelson Elliott in 1938. The core of this theory is that market movements follow a certain predictable and recurring pattern, similar to fractal structures in nature. According to this theory, market trends are usually composed of five waves, which include three impulse waves and two corrective waves. After this five-wave structure is completed, a three-wave corrective structure typically appears.

Glover's analysis indicates that Bitcoin is currently at a critical position within this five-wave structure. He expects that in the coming weeks, Bitcoin may experience a strong rebound, potentially reaching a high of $130,000. However, this does not imply a sustained increase; rather, a pullback may occur in September, with prices possibly retreating to around $110,000.

It is worth noting that although Elliott Waves provides us with a framework for analyzing the market, the actual direction of the market is often influenced by various factors, including the macroeconomic environment, regulatory policies, technological developments, and more. Therefore, investors should not rely solely on a single analysis method when making decisions, but should consider multiple factors comprehensively.

Regardless, the future development of the Bitcoin market remains full of uncertainty and opportunities. As the digital asset market continues to mature, we may see the emergence of more innovative analytical methods and investment strategies. For investors and enthusiasts focused on this field, staying vigilant and continuously learning will be key to responding to market changes.
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AltcoinHuntervip
· 08-08 09:03
trust me bro BTC 140k is stable!
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BearWhisperGodvip
· 08-08 08:29
btc is just Be Played for Suckers
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FudVaccinatorvip
· 08-06 20:11
Daydreaming again
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BearMarketMonkvip
· 08-05 09:52
It's those metaphysicians again.
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AirdropworkerZhangvip
· 08-05 09:48
Already all in, just waiting to da moon.
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AllInAlicevip
· 08-05 09:47
All in! Just do it!
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WealthCoffeevip
· 08-05 09:47
14w to run? That's too conservative, right?
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ContractFreelancervip
· 08-05 09:42
Hearing this feels like a dream.
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zkProofInThePuddingvip
· 08-05 09:23
Still drawing BTC here.
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