An analyst who is famous for his predictions said that May Bitcoin He claims that it may be one of the last great opportunities for those who want to invest in (BTC).
Dave the Wave X predicts that Bitcoin may correct in the first quarter of this year.
However, Dave the Wave says this correction may be the optimal entry point for those looking to go long in Bitcoin for the next major bull market expansion.
Everyone will say sell and go in May… when it might just be the best time to buy.
NEWS CONTINUES BELOW
The analyst uses Bitcoin’s version of logarithmic growth curves (LGCs), which aim to predict the highs and lows of the market cycle while filtering out short-term volatility.
According to the trader, LGC’s support levels are about to be tested at the long-term end of the channel near $30,000, or potentially at $38,000 if the shorter ascending channel remains intact.
Koinfinans.com As we reported, at the time of writing this news, BTC is trading at $41,106, a decrease of 1.15% in the last 24 hours.