Analyst Predicts Last Bitcoin Bull Market, Says Price Is Headed For $30,000

A prominent crypto analyst has ignited debate across the digital asset community with a bold macro prediction for the Bitcoin bull market. According to the expert, Bitcoin’s current rally may be the final phase of its first true institutional cycle—and the aftermath could send prices crashing to as low as $30,000. 

Bitcoin Bull Market Enters Final Stage 

A crypto analyst, identified as ‘MrParaBULLic’ on X (formerly Twitter), has issued a stark warning that the current Bitcoin bull market could be in the last stages of crypto’s first macro cycle. Despite trading around $106,616 at press time, the analyst expects BTC to top out soon, followed by a potentially devastating bear market that could push prices down to $34,932. 

Using the Elliott Wave theory, the analyst presented a chart, suggesting that Bitcoin is completing its fifth and final microwave in a classic five-wave impulse cycle. The latest surge, now pushing six figures, appears to represent Wave 5, which is typically the last impulse move before a broader market reset. 

While MrParaBULLic has not pinpointed the exact peak in his chart, he anticipates that Bitcoin will experience a short-term bullish continuation before a sharp reversal unfolds. The analyst highlights that this level of upward movement, paired with heavy institutional involvement and narrative-driven conviction, creates what they describe as the “greatest euphoria trap ever.”

The market expert also counters the idea that Bitcoin could be immune to deep corrections, highlighting the structural nature of its cycles—where previous bull runs, including those in 2013, 2017, and 2021 were each followed by sharp 80-90% drawdowns from their respective tops. Based to the analysis, institutional adoption has not invalidated this historical tendency, and in fact, it may be masking steeper risks. 

On the chart, $88,115 is marked as a key support zone that, once broken, could trigger cascading liquidations and a historic crash toward $34,932 or lower. This drop, if realized, would represent a 70-90% retracement from current levels, mirroring the brutal post-peak declines seen in earlier cycles. 

In response to the crypto community’s curiosity about his bearish $30,000 target, Mr. ParaBULLic emphasized that market expectations tend to provide liquidity at important support. When these expectations fail, the drawdown accelerates, creating conditions for a true macro market reset. 

Bitcoin Could Top Above $200,000 This Cycle

As his bold forecast of an impending bear market caught the attention of the crypto community, many members responded with questions, asking when the Bitcoin price could top out and the time frame for this parabolic rally. MrParaBULLic shared that Bitcoin is expected to complete its bullish trajectory within five to eight months, after which a sharp shift in market structure is anticipated. 

The market expert also expressed confidence that Bitcoin’s final cycle top is still ahead, projecting a strong climb beyond the $200,000 mark before the bear market officially begins. This outlook also introduces a bullish window for altcoins, which the analyst predicts could rally explosively within the next 6-12 months after Bitcoin tops out.