On July 1, Lagen shared an updated analysis via X social media, revealing a unique step-like parabolic pattern. His analysis implies that Bitcoin may be on the cusp of its final bullish cycle phase. The latest projections suggest a target nearing $395,000, which aligns closely with a potential sell zone for traders.<\/p>\n
The analysis showcases a classic parabolic curve with four distinct consolidation phases, clearly marked as Base 1 through 4. This structure demonstrates a typical sequence in upward market movement. Lagen\u2019s revised forecast implies a mix of gradual progression and a potential for a rapid price spike, where the concluding phase presents the steepest ascent.<\/p>\n
Recent wave counts indicate that Bitcoin has successfully completed Wave 3 beyond $106,000 and finished Wave 4 below $79,000. Currently, Wave 5 is underway, having already formed subwaves i and ii. The imminent movement is anticipated with subwave iii of Wave 5, which Lagen predicts will corroborate itself through a significant breach of Bitcoin\u2019s all-time high.<\/p>\n
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This projected breakout could lead to a powerful upward trajectory, with Lagen identifying a selling range between $350,000 and $400,000. The parabolic curve is expected to ascend through August 2025, indicating that Bitcoin’s Wave 5 peak may be impending.<\/p>\n
Earlier insights from Lagen voiced expectations of Bitcoin breaching $345,000 within a similar timeframe. However, the updated analysis presents an even more ambitious peak, with the step-like structure lending credence to the potential for BTC to triple from its current value of $109,208, positioning $395,000 as a critical profit-taking level.<\/p>\n