The post BTC ‘Wave III’ Setup Hints at $200K Rally Ahead: Analyst appeared on BitcoinEthereumNews.com.

Key takeaways: Bitcoin’s Wave III expansion could drive prices toward $200,000 to $240,000. The long-term structure remains bullish despite flat futures market activity in Q4. US economic rebound and risk-on sentiment may fuel Bitcoin’s next rally. Bitcoin’s (BTC) long-term price structure is showing renewed strength as analysts anticipate the next phase of its parabolic expansion. According to market analyst Gert Van Lagen, Bitcoin has once again rebounded from its 40-week simple moving average (SMA). Van Lagen said that the corrective Wave II phase appears close to completion, with Wave III expansion on the horizon. Completion of the pattern could push BTC price to $200,000 to $240,000 in the coming months. Bitcoin price analysis by Gert Van Lagen. Source: X Van Lagen’s “step-like” Elliott Wave model suggests that Bitcoin forms a solid base before each major breakout. The same setup in 2019 and 2023 preceded steep rallies, suggesting that the current consolidation could be the launchpad for the next parabolic rally. Crypto trader Jelle agreed, writing that Bitcoin continues to face resistance near the midpoint of its long-term ascending price channel. Once the level is cleared, Jelle wrote, the channel’s upper boundary near $350,000 implies strong upside potential. Bitcoin one-week analysis by Jelle. Source: X Meanwhile, macroeconomic researcher Sminston With wrote that broader economic conditions could soon favor risk assets, such as Bitcoin. With wrote that the US Purchasing Managers’ Index (PMI), a measure of business activity, has stayed below 50 for nearly three years, marking the longest economic slowdown since records began in 1948. Historically, such extended downturns are followed by strong rebounds as business cycles recover. With argued that this rebound, or “mean reversion,” often drives investors back into higher-risk assets, setting the stage for an imminent risk-on environment. Thus, Bitcoin, being a high-growth and speculative asset, could become…

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Filed under: News - @ November 12, 2025 4:30 pm