Analyst Predicts Bitcoin Dip Before Rally to $60K, Sees Ethereum Following Higher
• Bitcoin could see a dip under $40,000 before rallying to $60,000, according to crypto analyst Credible Crypto
• The analyst relies on Elliott Wave theory to predict Bitcoin's price cycles of impulsive rises and corrective falls
• Credible Crypto believes Bitcoin is finishing its corrective fourth wave and will start a final fifth wave up
• The analyst also thinks Ethereum has hit its short-term low already around $2,150 and will follow Bitcoin higher
• Credible Crypto shares his latest price outlooks for Bitcoin and Ethereum in a video update on social media platform X