Bitcoin Set for Explosive Year-End Rally, Says Trader Behind 2021 Market Collapse Prediction
Crypto strategist Dave the Wave, known for accurately predicting Bitcoin’s 2021 market downturn, believes BTC is on track to hit new all-time highs. Potentially surpassing $200,000 by the end of this year.
Using his logarithmic growth curve (LGC), he notes that Bitcoin has been out of the “buy zone” since it was around $40,000 and is now reclaiming the $90,000 range, validating his bullish outlook. He highlights the ascending channel Bitcoin is following within the LGC. And the weekly logarithmic moving average convergence divergence (LMACD) indicator remains above the zero line. Further supporting his forecast. At the time of writing, Bitcoin is priced at $92,651.
Clever Robot News Desk 25th April 2025
