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Crypto Trader Predicts Final Drawdown for Bitcoin Before Igniting ‘The Most Aggressive Move’ of the Bull Market

Crypto Trader Predicts Final Drawdown for Bitcoin Before Igniting ‘The Most Aggressive Move’ of the Bull Market
According to pseudonymous analyst Credible Crypto, Bitcoin is currently in a corrective wave two within a five-wave rally, based on the Elliott Wave theory. While Bitcoin may retrace to below $80,000, it is expected to experience a violent burst to the upside, with a potential rally to at least $150,000 and a maximum target of $230,000. The analyst believes this final surge will be the most aggressive move of the current cycle. At the time of writing, Bitcoin is trading at $97,987.

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