“Bitcoin Will Never Go Any Higher”

Bitcoin potentially just printed its last gasp. If you believe in hopium and halving fairytales, move along, this isn’t for you. If you’re ready to face the chart-shaped reality, strap in.

High profile X account @FinanceLancelot just dropped the hardest pill of 2025: Bitcoin has completed not one, but two Elliott Wave 5 tops over a 14-year parabolic arc — and the end isn’t coming, it’s already here.

“Technically it peaked at $112,” he writes. That’s not a typo. The logarithmic parabolic curve Bitcoin has respected since inception now shows resistance declining — for the first time — into negative territory by 2027.

The Chart Doesn’t Lie

Lancelot’s annotated monthly chart (see below) shows BTC hitting wave (5) at around 111K.

Every parabolic arc drawn from prior cycle lows now curves down, not up.

The support? Sloping toward $21,000 — and falling. The resistance? A fading ghost at $112K that it likely never touches again.

Even worse, every macro indicator — MACD, RSI, MFI, CCI, PMO — is curling over.

Classic distribution. Classic exhaustion. Classic trap.

This isn’t a “cooling-off” phase. This is capitulation preloading.

The Fibonacci Coffin

Three dotted blue lines tell the final tale — projected Fibonacci retracements from the top:

• 0.382 = $70,388
  
  
• 0.5 = $57,545
  
  
• 0.618 = $44,701
  
  

That’s the graveyard of liquidity.

While those levels initially mark bounce zones — they’re the ledges BTC will claw at as it slides into the abyss.

Final Verdict

There are only two types of people left in this market:

1. The ones praying for a “blow-off top.”
   
   
2. The ones watching the parabola curl like a dead leaf.
   
   

Bitcoin won’t die — but its moon days are over.

What follows isn’t a dip, according to @FinanceLancelot. It’s the slow-motion shattering of a 14-year illusion.

The top is in.

Maybe we get an alt season—I’m betting we do. But Bitcoin looks cooked.