Experts warn: Bitcoin is about to enter the "craziest" boom phase in history!
\
Expert warns: Bitcoin is about to enter the “craziest” price increase phase since its inception
The final bull cycle has begun
According to popular analyst Credible Crypto , Bitcoin is in the final stages of a strong bull run , after setting a new all-time high.
Based on Elliott wave theory, the expert believes that Bitcoin is currently entering the “fifth wave , ” the final stage of a five-wave bullish sequence before a correction.
This is the time when the market may enter a very strong “parabolic” increase phase , similar to the spike in 2017.
RSI indicator warns that the uptrend has not stopped yet
Credible Crypto notes that the monthly RSI has crossed into overbought territory , indicating that bullish momentum is strong.
He emphasized:
“Every time the monthly RSI has crossed 70 in the past, Bitcoin has posted huge gains.”
Specifically, in the last two times, the monthly candles increased to $22,200 and $33,000 .
Currently, this month’s candle has risen above $18,000 and there are still about 10 days left before the candle closes – which raises expectations for another strong rally.
$BTC monthly RSI is breaking into overbought territory again after many months.
The last two times we did this the monthly candles that broke us into overbought territories were $22,200 and $33,000 large, respectively.
Will this third monthly candle be even bigger? Currently… pic.twitter.com/93e8bBVTG6
— CrediBULL Crypto (@CredibleCrypto) May 22, 2025
Bitcoin could surpass old highs
At the time of writing, Bitcoin price is hovering around $111,296 .
Credible Crypto believes that if the parabolic scenario plays out as predicted, Bitcoin could see its strongest rally since its creation .
He concluded:
“This could be the most aggressive expansion phase in Bitcoin's history.”
Investors need to closely monitor fluctuations in the coming days, as the market is entering the "climax" of the cycle.