BlackRock’s Bitcoin ETF Keeps Rising Within A Projected 5th Wave

Bitcoin accepted here by Ibrahimaslann via iStock

We talked about BlackRock’s Bitcoin ETF – IBIT back on April 15th, where we mentioned and highlighted a completed wave 4 correction within an ongoing five-wave impulse, which can extend the rally for wave 5. CLICK HERE

As you can see today on July 24th, BlackRock’s Bitcoin ETF – IBIT is moving nicely bullish within 5th wave as expected, and there’s still room up to projected Fibonacci cluster target near 80 level, as it can be trading in subwave (3) of a lower-degree five-wave bullish cycle.

BlackRock’s Bitcoin ETF Keeps Rising Within A Projected 5th Wave IBIT Daily Chart
IBIT Daily Chart
www.wavetraders.com

For a detailed viev of Bitcoin and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on July 21 2025:

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.