{"id":91476,"date":"2024-08-28T03:59:55","date_gmt":"2024-08-28T07:59:55","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=91476"},"modified":"2024-08-28T04:00:12","modified_gmt":"2024-08-28T08:00:12","slug":"bullish-pattern-hints-bitcoin-nearing-ath-surge","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bullish-pattern-hints-bitcoin-nearing-ath-surge\/","title":{"rendered":"Bullish Pattern Hints Bitcoin Nearing ATH Surge"},"content":{"rendered":"\n

Bluntz suggests Bitcoin<\/a> is in the final phase of a five-wave rally per Elliott Wave theory, with a strong weekly close signaling a potential surge to new highs.<\/p>\n\n\n\n

\"Bullish
Bullish Pattern Hints Bitcoin Nearing ATH Surge<\/figcaption><\/figure>\n\n\n\n

According to the Elliott Wave theory, Bluntz recently proposed that Bitcoin<\/a> is currently in the final phase of a five-wave rally.<\/p>\n\n\n\n

This theory posits that a bullish asset experiences five phases: two corrective waves and three upward waves (impulsive).<\/p>\n\n\n\n

A significant rally to new highs may be in progress, as Bluntz emphasized the recent robust weekly close of Bitcoin.<\/p>\n\n\n\n

The corrective phases' durations (waves two and four) are closely aligned, which he regards as a positive indicator.<\/p>\n\n\n\n

Bluntz anticipates that Bitcoin may reach a price of $85,000 to $100,000 during this final wave, with the possibility of an extended rally bringing the price to $115,000. This pre\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>d<\/use><\/svg><\/span><\/a>iction<\/use><\/svg><\/span><\/a> is based on his analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bluntz suggests Bitcoin is in the final phase of a five-wave rally per Elliott Wave theory, with a strong weekly close signaling a potential surge to new highs. According to the Elliott Wave theory, Bluntz recently proposed that Bitcoin is currently in the final phase of a five-wave rally. This theory posits that a bullish […]<\/p>\n","protected":false},"author":36,"featured_media":91478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[21552,21553],"class_list":["post-91476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ath-surge","tag-bullish-pattern"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/08\/Bitcoins-market-cap-surpasses-80-of-Silvers.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/91476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=91476"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/91476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/91478"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=91476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=91476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=91476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}