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The crypto market may be on the verge of its most explosive macro growth phase yet, according to a prominent market strategist who points to a classic technical analysis framework to forecast an unstoppable Bitcoin rally.
Jordi Visser, drawing on Elliott Wave theory, stated that the crypto market is poised for an unprecedented surge. Rooted in human psychology and recurring stock market patterns, the framework defines a healthy bull market as five waves up followed by three waves down.
Visser highlighted that the third wave is the most powerful phase by far, a period of deep skepticism in which sudden mass participation drives exponential gains, making it the easiest time for investors to generate returns.
Furthermore, Visser drew direct parallels between the current parabolic boom in semiconductor equities and the crypto ecosystem’s current phase, arguing that it is entering this exact phase, which will ultimately propel Bitcoin far beyond conventional price targets. Once it begins, he noted, there will be no way to stop it.
This ultra-bullish long-term outlook contrasts with the current market situation. CoinMarketCap data show the total crypto market capitalization dropped 3.1% over the past 24 hours, with Bitcoin itself slipping 3.24% to $74,716.50. The downturn is most likely due to a surprise regulatory setback following the U.S. Securities and Exchange Commission’s delay of rules for tokenized equities.
 
Meanwhile, institutional confidence was also affected by over $1.2 billion in spot Bitcoin ETF outflows across six consecutive sessions, triggering $377 million in market-long liquidations. Strategists note that if Bitcoin holds above its critical $73,786 support level, it could stabilize near $75,949.
However, a breakdown risks a cascade toward $72,000, putting over $1.29 billion in leveraged long positions at risk.
Additionally, Ethereum underperformed the broader market, falling 4.22% to $2,031.22. Asset sentiment was battered by high-profile institutional and insider exits, including selling by Harvard’s endowment fund and David Hoffman, co-founder of Bankless.
Geopolitical tensions, hawkish Federal Reserve rhetoric, and a flood of leveraged liquidations accelerated the drop. If Ethereum holds its psychological $2,000 support, a relief bounce toward $2,150 remains possible, though a close below this floor threatens a deeper correction toward the $1,900 to $1,600 zone.