Analyst Predicts Bitcoin Rally to $180K Before Potential Crash, Warning of Max Pain for Late Investors
• Analyst predicts Bitcoin will hit $180K before entering a multi-year bear market, catching late retail investors by surprise • Expects "max pain" scenario where Bitcoin rallies just enough to entice more buyers before crashing • Notes crypto has never had a secular bear market before - sees as healthy and akin to 2000 dot-com bubble • Theory based on Elliott Wave principle of crowd psychology trends manifesting in waves • Currently Bitcoin trading around $43K