Theme Bitcoin (BTC) Famous cryptocurrency analyst known for his predictions when Dave the Wavemade a similar statement.
The famous analyst, who successfully knew the decline in May, when no one expected it before, emphasizes that now $100,000 has arrived.
$100,000 Possible for BTC
The analyst, who has a serious follower base on Twitter, said that BTC will increase in the coming years. $100,000 He discussed what would happen if he did.
The analyst emphasized that if BTC sees $ 100,000, a serious correction, that is, a decrease, is expected.
The analyst shared this with his followers by updating his own long-term BTC chart. Looking at the analyst’s share, it seems that this indicates a rapid rise above $80,000 and $120,000.
Stating that the curve pointing to $100,000 should not be seen as support, the analyst said that this is rather the possible route of BTC. This actually indicates that BTC could hit $100,000 this year or early 2023.
In addition, the experienced analyst stated that the situation is still bad on the monthly chart. Although positive signals are evident on Bitcoin’s weekly chart, the MACD indicator still points to a decline on a monthly basis, according to the analyst.
Dave the Wave stated that BTC is now recovering from the descending channel formation and the weekly trend is up. Although the price has climbed to the highest level of the last month, there is still a long way to go for BTC.
*Not Investment Advice.