According to Elliott Wave analysis, we are nearing the #Bitcoin cycle top, which could potentially reach $120k - $135k
This entire move is part of the 5th wave in the larger structure, which began at $49,000 and is expected to conclude around $120,000 to $135,000 (including wicks).
The 5th wave itself consists of 5 smaller subwaves, as illustrated in the chart.
February 2025 is expected to be the last green month for Bitcoin in this cycle. Within the next 40–50 days, Bitcoin is likely to hit its final peak for this cycle.