Trader, who called 2021 collapse, doubles at the huge goal of bitcoin at the end of the year, despite the deep clouds BTC
A strategic encryption expert who has passed the 2021 market collapse in Bitcoin believes that BTC is still on the right path to stimulate gatherings on their way to the highest levels ever this year.
The wicked analyst Dave tells the 14,200 followers on the X social media platform that Bitcoin looks prepared to repeat the Q4 2023 Rally to Q1 2024 when it rose by about 180 % in just a few months.
The analyst shares the graph suggestion This bitcoin can reach its target by November this year.
“BTC will be repeated $ 200,000 at the end of the year.”
The trader says he is aware that he is making bitcoin, despite the background of the macroeconomic economy. Dave wave He says The uncertainty will push investors to search for a BTC shelter.
“Some comments [were] Anxiety about the total environment.
This has been addressed in a recent article, although BTC will be arrested in liquidity events that affect asset prices, it is more than just a balance. It is also a currency, a form of liquidity, digital gold, on which capital will work at the time of uncertainty. “
Also analyst He says BTC seems weak at the moment because investors have great hopes in Bitcoin when he violated the level of $ 100,000.
Why is the huge BTC panic?
Because the previous expectation was very large. “
Dave wave also He says It will remain optimistic about Bitcoin as long as BTC is trading over the decisive support level.
“This level is 74000 S. He doesn’t want to see the price lower.”
At the time of this report, Bitcoin is traded for $ 76,501, a decrease of more than 4 % a day.
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