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Bitcoin entering final stage of major bull trend, crypto analyst says By Cointelegraph

by Mike Robinson

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© Reuters.

Alessio Rastani, cryptocurrency analyst and trader, believes in (BTC() will enter the last stage of the current bull markets, which will push the most popular cryptocurrency towards a $100,000 price target.

Rastani used Elliott Wave Theory to explain his prediction. This theory divides up upward price trends into five waves. Rastani feels we are entering the final wave in a bull market trend that began at 2019’s beginning and should end sometime next year.

Elliott Waves Model. Source: Leadingtrader.com

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