📉 Elliott Wave Expert: Bitcoin Still on Track for $140K in 2025, But 2026 Will Hurt 🧠

🌀 According to Ledn CIO John Glover, Bitcoin is following a classic Elliott Wave pattern and could rally to $140,000 by year-end before facing a major bear market in 2026.

BTC

68,462.3

-1.85%

🔹 BTC recently dipped to ~$112K after profit-taking and stock pullbacks (MSTR, COIN).

🔹 Glover expects a 5-wave move to complete soon, with Wave (v) topping near $140K.

🔹 A retracement to ~$110K may come first in September before the final leg up.

🔹 But don’t get too comfy: 2026 could bring pain, not $250K dreams.

📊 “We're still firmly on trajectory,” says Glover. “But once $140K is hit, I expect a macro top—not new highs.”

⚠️ Bull trap ahead? Or just a breather before a bigger breakout?

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