Degens, grab your popcorn, because the market may just melt up after all.

Credible Crypto just dropped an Elliott Wave analysis that's about to inspire hope in all the bears out there.

Let’s see if we can ride these waves to new all-time highs.

The Skys The Limit

According to this analysis, we're looking at a potential 52-200% pump from here. 

If that’s to be believed, then it means Bitcoin could blast from today's measly $98.5K all the way to $300K.

That’s quite the breakout.

And before you think - "not another TA bro with lines on charts.” there are some important things to consider about this analysis. 

You see, Elliot Waves are no joke – have have a scary accurate history when it comes to predicting trends, and right now, we're sitting in the fifth wave of a cycle that started way back in the 2018 bear market. 

You know, when Bitcoin was chilling at $3K and everyone thought crypto was dead (again).

Well, so far this mulit-year trend has held, and if it keeps the pace, then that $300K price target may be more statistics than tea leaves. 

Big Targets, Big Opportunity

The numbers being thrown around are getting spicier by the day – while $300K is a bit less than Larry Finks $700K opinion, it’s nothing to balk a t.

The conservative players are still calling for $150K, which honestly feels a bit boring given the inspiration these Elliot Waves have just unveiled. 

The real send-it crowd is eyeing $200K-$300K, and they're saying this could all go down by mid-February 2025. 

That’s a tall order given we’re already well into the second month of the year, but, crazier things have happened, so mark those calendars, anon.

But sacrafice is mandatory in the crypto markets, and of course the powers that be that paint the charts love to wreck everyone's positions.

We might need to eat a 15-30% dip first. We're talking a potential drop to the $70K-$86K range. 

Perfect for those "buy the dip" tweets you've been saving.

Hopium Or Moonshot?

The bulls aren't just huffing copium this time around, as we’re seeing some serious catalysts in the pipeline. 

The halving is approaching fast, which is generally a very bullish sign for the crypto markets, but specifically Bitcoin. 

There’s also the in-kind ETF situation that could potentially pump an additional $3-6B into Bitcoin. 

And how could we forget about the Fed, which seems to be getting ready to fire up those money printers?

Of course, like always, there's some FUD to wade through. 

The SEC could pull its usual shenanigans, we might get too much of a good thing and dump 50%, and there's always those pesky macro conditions to worry about. 

All the usual suspects waiting in the lurch to dash our hopes and dreams.

Time Will Have To Tell

The prediction game is getting crowded, with CNBC suits calling for $200K, Captain Parabolic Toblerone (yes, that's actually his name) betting on $210K, and Changelly playing it safer than others with a conservative $129K target.

So we might get our bullish $300K price target after all, but not before potentially dumping to $70K. 

Keep those dreams alive, but don't forget to keep some dry powder for that possible dip. 

Because the only thing worse than missing the pump is having no money left to buy the dump.