A technical analyst named ‘V’ shared something amazing Elliott wave theoryBitcoin price outlook based on X, which he believes is completely ignored by most market participants. The chart, plotted on Bitcoin’s weekly chart, contains a roadmap that could first expose the cryptocurrency to serious negative pressure, potentially leading to a price crash to $40,000 before setting the stage. explosive rally which can surprise investors and traders.
The Elliott wave pattern points to a $40,000 Bitcoin price
Analysis of V on X begins with identification complete five-wave construction which took Bitcoin from its 2022 low to an early 2025 peak of around $109,354. Those waves, which are clearly shown in the chart from 1 to 5, mark the end of the first major momentum movement of Bitcoin.
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From here, V projects that Bitcoin can now enter 2nd wave correctionwhich can take the form of a classic ABC zigzag pattern. In this projected scenario, wave A will break somewhere between 50% and 61.8% of the Fibonacci retracement levels, causing the price of Bitcoin to drop to $51,000 to $62,000.
After this, Wave B is expected to see a minor bounce that pushes Bitcoin into the 100% to 132% expansion zone from $109,354 to $120,594 on the chart. Once this trend occurs, V predicts the ultimate bearish target in wave C. He predicts that the price of Bitcoin could fall to the range of $51,336 to $35,564, which represents a huge decline of 55% to 69% compared to the previous area.
In particular, V stated Bitcoin’s expected move towards its ultimate downside target can catch most investors and traders completely off guard. That’s because a bearish rally into six figures in wave B is likely to restore investor confidence and bring buyers back in, only for the market to fall back to an even sharper target. In other words, it can be a bull trap.
Bitcoin’s End Game That May Surprise Investors
After the expected completion of the correction of wave 2, V predicts the onset of wave 3, a phase that can trigger a strong shock. upside return for Bitcoin. The chart shows the expected rally highlighted by the rising arrow. Bitcoin is expected to retest and recover its previous resistance level around $109,354, which is a potential gain of more than 207% from the expected Wave C bottom of around $35,564.
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When BTC crosses this resistance with strong momentum, the chart projects a stronger upward push staggering goal of $150,000. It is worth noting that the last time Bitcoin was very close to this level was in October 2025, when its price went up quite a bit. all time high above $126,000. If the Elliott wave V prediction comes true as expected, it will be a new historical ATH for BTC.
Featured image from Getty Images, chart from Tradingview.com
