btcunbound

While optimism remains high for Bitcoin to break new peaks, a new analysis suggests the top may already be in, and the journey to $1 million could be delayed.
Follow @Lachakari_Crypto

This outlook comes from a long-term Elliott Wave analysis by More Crypto Online. While he acknowledges that Bitcoin is on track to reach $1 million, the analyst believes this will happen in the next major market cycle following a significant correction expected after 2028.
Bitcoin Current Position According to Elliott Wave Theory
According to the analysis, Bitcoin’s current price action is showing signs of nearing a major local top. The forecast, built on the 1-week BTC chart, suggests Bitcoin is completing Wave 3 of a larger five-wave structure.
The chart identifies a possible “Long-Term Top” forming between $107,600 and $123,000 for the current sub-wave. From this range, the analyst anticipates a dip toward $50,000, before a final push upward.
From there, the wave structure could see Bitcoin extend to new local highs between $133,691 and $189,882 by 2026–2027. These figures align with Fibonacci extensions (223.6% to 261.8%).
For context, Bitcoin reached $123,200 last month and has since pulled back to $111,943. It now trades above $116,000, but the analyst warns of a possible near-term dip, followed by a dramatic rise of up to 63% before the bullish phase concludes.
Severe Correction Into 2028 
Following the projected peak, the analyst expects a deep Wave 4 correction that could last into 2028. Fibonacci retracement levels place this correction zone within $56,354 (38.2%), $44,083 (50%), $34,484 (61.8%), and $24,310 (78.6%).
In perspective, a retracement to $56,000 would represent a 51% decline from current levels. The more extreme target of $24,310 suggests a possible 79% crash.
Such steep corrections are not unprecedented. Bitcoin dropped from $69,000 in 2021 to $15,000 in 2022. This supports the analyst’s view that brutal retracements often precede new market cycles.
Final Parabolic Wave Could Push BTC Past $1 Million
After the correction, the analysis predicts Wave 5, the final leg of the Elliott cycle, could drive Bitcoin into its most explosive phase yet. The projected Fibonacci extension targets include:
$332,000 (100%)$682,000 (123.6%)$1,059,000 (138%)$2.19 million (161.8%)

Essentially, the analysis argues that Bitcoin could reach $1 million or more, but in the early 2030s, once the next halving and bear market play out.
Counter Perspectives
While many in the crypto industry agree that Bitcoin could reach $1 million by 2030, not everyone supports the idea of a severe drawdown to $24,000.
Michael Saylor, for instance, recently stated that a “crypto winter is not coming back,” citing institutional demand. CryptoQuant CEO Ki Young Ju has also suggested the traditional bull-bear cycle is broken, thanks to increased long-term holding and institutional inflows.
These counterpoints suggest that while temporary dips may occur, massive retracements like those in past cycles may not repeat, especially with large buyers now supporting the market.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.
$BTC
#BTC走势分析 #BTC☀ #CryptoIn401(k) #BTCUnbound #USFedNewChair

In the fast-moving world of crypto, Bitcoin has always been the king of assets. But one problem remains BTC usually just sits in wallets, not generating any real yield. Solv Protocol is here to change that with BTC+, an institutional-grade Bitcoin yield vault that went live on August 1.

1. Seamless, High-Yield Bitcoin Vault

BTC+ offers a 5–6% base yield on Bitcoin through a one click vault experience. It’s designed for big institutions but open for everyone. There’s no wrapping, no bridging, no complex steps just deposit your BTC and start earning.

2. $100,000 Bonus Rewards for Early Users

BTC+ comes with a $100,000 $SOLV reward pool. Rewards are shared using a time-weighted system called Reward Power – meaning the longer you lock your BTC, the bigger your share of the rewards.

3. Multiple High-Performance Yield Strategies

BTC+ combines the best yield-generating methods in both DeFi and TradFi:

On-chain credit lending
Liquidity provisioning on DeFi platforms
Basis arbitrage for market inefficiencies
Protocol incentives from partner ecosystems
Real-world yield from BlackRock’s BUIDL fund and Hamilton Lane’s SCOPE

This mix delivers reliable and competitive returns while keeping institutional-grade security.

4. Strong Industry Endorsements

Binance selected Solv as the exclusive BTC fund manager for Binance Earn – a rare honor in CeFi, where custody, compliance, and yield management are almost never outsourced.The BNB Chain Foundation purchased $25,000 worth of $SOLV as part of its $100M incentive program, showing confidence in Solv’s long-term vision.

5. Built for Scale and Transparency

BTC+ is programmatic, auditable, and composable – meaning it’s designed to handle massive scale without losing transparency. It integrates across:

CeFi (Binance)DeFi (multi-chain vaults)
TradFi (BlackRock, Hamilton Lane)

This makes BTC+ the first Bitcoin yield vault bridging retail investors all the way to sovereign wealth funds.

Final Thoughts

BTC+ is more than just another yield product – it’s a bridge between traditional finance and decentralized finance, unlocking Bitcoin’s true earning potential. With world-class strategies, major endorsements, and a strong incentive program, Solv Protocol is setting a new standard for Bitcoin yield.

Stake BTC now: app.solv.finance/btc+

@Solv Protocol #BTCUnbound $SOLV