Bitcoin analysis: correction or jump to $ 220,000?

Bitcoin analysis: correction or jump to $ 220,000?

On October 4, 2025, the Bitcoin course (BTC) was classified as a strong Bullish after a recent decline of analysts. According to Credible Crypto, a well -known analyst with over 477,300 followers on X, the prospects for Bitcoin are positive despite the current correction. He points out that investors should currently not panic, since the correction in the context of the high time frame (HTF) is regarded as normal and healthy.

Credible Crypto notes that Bitcoin may fall by up to 10% without the Bullish structure being endangered in the high time frame. The correction is expected to remain above the lows of $ 98,000 or may only fall shortly without affecting the overarching structure. He describes the market movement as part of a five -wave pattern that could ultimately lead to a price of around $ 220,000.

Potential of Bitcoin upwards

Bitcoin is currently being traded at $ 109,571, which is about 11% below its all -time high. Credible crypto supports his analysis on the Elliott wave theory, which says that main trends run in a five-wave pattern while corrections take place in a three-wave pattern. This theory suggests that the current correction of the market movement represents healthy and necessary adjustments to the price.

Credible Crypto assessments send an encouraging message to investors that the market is in a strong, long -term upward movement despite short -term declines. Investors should continue to observe the current market situation carefully while considering long -term perspectives.